8-K

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant To Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): June 22, 2006

Morgan Stanley(Exact Name of Registrant
as Specified in Charter)

Delaware(State or Other Jurisdiction of Incorporation)	1-11758(Commission File Number)	36-3145972(IRS Employer Identification No.)
1585 Broadway, New York, New York		10036
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (212) 761-4000

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

   Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

     On June 23, 2006, Morgan Stanley (the “Company”) announced that Charles E. Phillips, Jr. has been elected to the Company’s Board of Directors, effective June 22, 2006. The Board of Directors determined that Mr. Phillips is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. In connection with Mr. Phillips’ election, the Board of Directors increased its size to 12. Mr. Phillips’ election brings the number of independent directors on the Board of Directors to 10. Mr. Phillips’ committee assignments have not been determined at the time of this filing.

   Item 9.01 Financial Statements and Exhibits

     (d) Exhibits

Exhibit
Number	Description
99	Press Release of Morgan Stanley dated June 23, 2006.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

		MORGAN STANLEY
		(Registrant)
Date:	June 23, 2006	By:	/s/ William J. O’ Shaughnessy, Jr.
			Name:	William J. O’ Shaughnessy, Jr.
			Title:	Assistant Secretary

EX-99

	Contact:	Media Relations	Investor Relations
		Jeanmarie McFadden	William Pike
		212-761-0553	212-761-0008
			For Immediate Release

Charles E. Phillips, Jr. Elected to Morgan Stanley Board of Directors

Oracle President Brings Broad Experience to Board Role

NEW YORK, June 23, 2006 – Morgan Stanley (NYSE: MS) announced today that its Board of Directors has elected Charles E. Phillips, Jr. to serve on the Company’s Board of Directors. Mr. Phillips, the President of Oracle Corporation, also serves on the Boards of both Oracle and Viacom, Inc. Earlier in his career, Mr. Phillips served as a Managing Director at Morgan Stanley in Equity Research. His election brings the number of independent directors on the Board to 10 and the total number of Morgan Stanley directors to 12.

John J. Mack, Chairman and Chief Executive Officer of Morgan Stanley, said, “Charles has significant experience as a business leader and strategic thinker, which will make him a valuable addition to our Board of Directors. At Oracle, he has played a key role in the company’s success, both as a strategist and manager of the company’s global operations. Charles’ election as an independent director underscores our continued commitment to ensuring that the Firm benefits from the best possible oversight from our Board.”

Laura D’Andrea Tyson, Chair of the Board’s Nominating and Governance Committee, said, “We are extremely pleased to welcome Charles to the Morgan Stanley Board of Directors. Charles has provided strong executive leadership at one of the world’s top technology companies; he knows the financial services industry from his many years on Wall Street; and he has experience as a Board member dealing with the complex issues facing global companies. His judgment and talents will be a welcome addition to our Board and we look forward to working closely with him.”

As President of Oracle Corporation, Mr. Phillips, 47, is responsible for global field operations including consulting, marketing, sales, alliances and channels, and customer programs.

Prior to joining Oracle, Mr. Phillips was a Managing Director with Morgan Stanley in its equity research group, covering technology companies. Prior to his career on Wall Street, Mr. Phillips was a Captain in the United States Marine Corps.

Mr. Phillips holds a BS in Computer Science from the United States Air Force Academy, an MBA from Hampton University, and a JD from New York Law School. He is a member of the bar in Washington D.C. and in Georgia. Mr. Phillips is a board member of Jazz at Lincoln Center in New York and New York Law School.

Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services. With more than 600 offices in 30 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.

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