Morgan Stanley Announces Employees Can Use Uber Under Corporate Travel Policy

Firm is among the first to adopt expensing Uber for employees

New York —

Morgan Stanley announced today that Uber rides can now be expensed by employees through its corporate travel policy.  As one of the first companies to adopt Uber as a reimbursable travel expense, Morgan Stanley is helping to ease the transportation needs of its employees in Uber cities around the world.

 

“Employees expressed their strong affinity for the convenience Uber offers them in their personal lives and wanted that flexibility for their business travel needs as well,” said Jeff Brodsky, Chief Human Resources Officer at Morgan Stanley. “As we serve our clients around the world, ease of transport is essential for all of our employees, so allowing a more broad use of Uber makes strong business sense.”

 

“We are honored that Morgan Stanley — a forward-thinking company and recognized leader in their field — has chosen Uber as its preferred transportation platform,” said Brent Callinicos, Chief Financial Officer of Uber.  “We are excited to provide even more Morgan Stanley employees with a safe, affordable and convenient ride and to address their business travel needs in cities around the world.”

 

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, investment management and wealth management services.  With offices in more than 43 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals.  For more information about Morgan Stanley, please visit www.morganstanley.com.

Media Relations Contact: Dan Mahoney, 212.761.2645