Morgan Stanley CEO's comp valued at $13m

James Gorman's compensation for 2011 trails that of some of the heads of other big banks

Morgan Stanley chief executive James Gorman received total compensation in 2011 valued at $13m, down 14.5% from a year ago, according to a regulatory filing early today.

In the firm's proxy statement filed with the Securities and Exchange Commission, Gorman's compensation -in accordance with the regulator's pay guidelines- includes $5.9m in stock awards and $3.5m in options awards as well as a $2.7m bonus, $800,000 in salary and other forms of compensation. In 2010, Gorman was awarded $15.2m in total compensation.

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