Michael Pizzi

Executive Vice President and Head of Technology and Operations Morgan Stanley

Last Reviewed: October 1, 2026

Executive Summary

Michael Pizzi has led Technology and Operations at Morgan Stanley since January 2025, after taking on global operations in addition to technology. He joined Morgan Stanley through its 2020 acquisition of E*TRADE, where he had worked since 2003 and served as chief executive from 2019, after roles as its chief operating, financial and risk officer. At Morgan Stanley he ran the Digital Direct business, then chaired and led its two U.S. bank subsidiaries and served as head of technology. Morgan Stanley ranked No. 39 on the 2026 Fortune 500.

Career Highlights

• Head of Technology and Operations at Morgan Stanley since January 2025.
• Chairman and CEO of Morgan Stanley Bank, N.A. and Morgan Stanley Private Bank, 2021 to 2025.
• Chief Executive Officer of E*TRADE, 2019 to 2020.
• CFA charterholder and FRM.

Professional Journey

Pizzi earned a BA in economics at Ursinus College. He did capital markets research for the Federal Reserve Board and worked in asset/liability management at First Maryland Bank and Lehman Brothers.

He joined ETRADE in 2003, working in portfolio management and derivatives and as treasurer before serving as chief risk officer, chief financial officer and chief operating officer. He was chief executive from August 2019 until Morgan Stanley acquired ETRADE in October 2020.

At Morgan Stanley he was Head of Digital Direct, then from 2021 chairman and CEO of its U.S. bank subsidiaries, adding Head of Technology in 2023. He became Head of Technology and Operations in January 2025.

Education

Ursinus College

Bachelor of Arts, Economics