Not that he needs the work, but ousted almost-former Morgan Stanley dealmaker Paul Taubman will be available on May 5.
Morgan Stanley disclosed on Friday the timeline for some of its retirement awards to Paul J. Taubman, the senior deal maker who co-led its securities business.
As part of the awards, the deal maker will receive an accelerated payout from an executive retirement program that has a current estimated value of about $1.7 million.
His 2012 bonus compensation will also vest on May 5, the official last day of Mr. Taubman’s 30-year career at the Wall Street firm. But he isn’t exactly coming to work until then: he retired on Dec. 31.
Taubman’s last deal for Morgan Stanley closes the book on his “retirement,” when he happily sort-of left the firm when it didn’t give him the job he wanted.