(Bloomberg) -- Morgan Stanley said former Chief Financial Officer Ruth Porat is eligible to receive restricted cash and stock that was valued at about $28 million at year-end as she departs for Google.
The bank's board agreed to vest Porat's outstanding awards as of April 30, the New York-based firm said Friday in a regulatory filing. She was eligible for $14.1 million in unvested restricted stock, and $13.8 million in total deferred compensation as of Dec. 31, according to a company filing last month.
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