| NEW YORK, March 28
NEW YORK, March 28 Morgan Stanley has
nominated former Thomson Reuters chief
executive Thomas Glocer to its board of directors to replace
outgoing director Roy Bostock, who is retiring in compliance
with the company's age limit for directors.
Glocer, 53, was CEO of Thomson Reuters, the global news and
information company, from April 2008 to December 2011. He held
other executive roles at Reuters since 1993. Morgan Stanley
disclosed his nomination in a proxy filing on Thursday.
Bostock will have reached the maximum director age of 72 by
the time of Morgan Stanley's annual meeting on May 14 and thus
is not standing for re-election, the bank said.
Bostock had been chairman of Yahoo Inc until he
abruptly left after a contentious battle with Dan Loeb, an
activist investor who runs the hedge fund Third Point LLC and
recently acquired a stake in Morgan Stanley.