Morgan Stanley’s Jon Pruzan, Onetime CEO Candidate, to Leave (1)

Morgan Stanley Chief Operating Officer Jon Pruzan, a longtime lieutenant to James Gorman and once considered a potential candidate to succeed him as chief executive officer, is exiting the firm.

Pruzan, who’s leaving at the end of the month, departs after a 28-year run that included a six-year stint as chief financial officer — the public face of the firm to investors and analysts. The 54-year-old plans to pursue other opportunities, according to Gorman.

Jon Pruzan

Photographer: Larry Lettera/Morgan Stanley

“He has been a trusted adviser to me for many years,” Gorman said in a message to staff Monday. Pruzan “has had a seat ...