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Fortune

Chris Morris

Morgan Stanley's James Gorman will resign as CEO within the year

James Gorman Morgan Stanley

(Credit: Hollie Adams—Bloomberg/Getty Images)

James Gorman, who has held the top stop at Morgan Stanley for the past 13 years, is about to call it quits.

Gorman announced he will leave the company within the next 12 months Friday at the company’s annual shareholder meeting. While no successor has been named, Gorman said the company has identified three “very strong senior internal candidates” for the role.

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