David Pessah is the CEO of Morgan Stanley Direct Lending Fund (MSDL), having stepped into the role in December 2023 after a notable career with Goldman Sachs. Educated with a Bachelor of Science in Accounting from the University of Delaware...

David Pessah is the CEO of Morgan Stanley Direct Lending Fund (MSDL), having stepped into the role in December 2023 after a notable career with Goldman Sachs. Educated with a Bachelor of Science in Accounting from the University of Delaware and an MBA in Finance from Baruch College, he has built a solid foundation in finance. Just before joining Morgan Stanley, Pessah was the Chief Financial Officer at Goldman Sachs, where he managed key financial operations and strategies for its private credit group. He has a reputation for aligning company performance metrics with leadership effectiveness. His recent appointment allows him to bring his extensive expertise in finance to a growing company, aiming to provide innovative lending solutions in the direct lending space. Understanding market trends and focusing on operational efficiency are at the core of his strategy. David started his career in auditing at Ernst & Young, gathering insights that he leverages in his current leadership position. His compensation for 2023 included a $250,000 salary, a $50,000 bonus linked to company performance, and additional benefits that reflect his significant contributions to the company’s financial health.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Morgan Stanley CEOs

M

David Pessah

CEO of Morgan Stanley

Education

Bachelor of Science in Accounting from University of Delaware, MBA in Finance from Baruch College

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1985 - 40 years ago

CEO of Morgan Stanley for

1 year 3 months (Dec 2023 - Present)

Previous Experience

Chief Financial Officer at Goldman Sachs

Rivals

Competitors/colleagues of David Pessah

Holdings

See how much did David Pessah make over time.

David Pessah currently holds shares in Morgan Stanley Direct Lending Fund, where he has taken a lead role. His ownership amounts are kept confidential, but it’s noted that he benefits from the company's growth as he leads it through its...

David Pessah currently holds shares in Morgan Stanley Direct Lending Fund, where he has taken a lead role. His ownership amounts are kept confidential, but it’s noted that he benefits from the company's growth as he leads it through its financial strategies. This aligns his interests with those of the investors. Previously, under his leadership during his time at Goldman Sachs, Pessah showcased his capability in guiding investment strategies effectively, ensuring the best returns. He understands that his wealth is tied directly to the success of the fund, which encourages him to focus on maximizing investor value. His position and holdings reflect a strong commitment to the future success of Morgan Stanley Direct Lending Fund.

Insider Trading

See recent insider trades of David Pessah.

MSDL

$41.34K

MSDL at $20.67/share

Jan 24, 2024

Purchase

Compensation History

See how much did David Pessah make over time.

In 2023, David Pessah received a total compensation of $330,000, which includes a base salary of $250,000. He earned a bonus of $50,000 tied directly to performance metrics, showing his commitment to driving company success. An additional $30,000 in other benefits rounded out his package, which reflects notable contributions to operational efficiency and strategic growth in the company. Despite no stocks vested or granted in 2023, his compensation structure emphasizes performance and retention, crucial for aligning his interests with the long-term goals of the Morgan Stanley Direct Lending Fund. The company aims to attract and keep top talent, and Pessah's compensation is designed to ensure he stays focused on delivering results.

Year

2023

Total Compensation

$330.00K

Salary

$250.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, ensuring competitive pay to attract and retain top talent.

Bonus

$50.00K

Board Justification

The bonus is based on the company's performance metrics and individual contributions for the fiscal year 2023, paid out in cash.

Other

$30.00K

Board Justification

Other compensation includes benefits such as health insurance, retirement contributions, and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023.

Performance Metrics

Performance metrics include financial targets, operational efficiency, and strategic initiatives that drive company growth.

Other Morgan Stanley CEOs

Here are other CEOs of Morgan Stanley

Orit Mizrachi

Ex-CEO of Morgan Stanley

October 2023 - December 2023