Disney has announced James Gorman, former CEO of Morgan Stanley, as its next board chairman.
The Walt Disney Company on Monday announced James Gorman, former CEO of Morgan Stanley, will serves as its next board chairman.Gorman, set to take the helm on January 2, 2025, will succeed Mark Parker, who is stepping down after nearly a decade of service. This announcement marks a pivotal moment as the entertainment giant eyes the future with plans to name its next CEO by early 2026.
Gorman himself expressed confidence that the timeline for the new CEO 'will allow ample time for a successful transition before the conclusion of Bob Iger's contract in December 2026.'As speculation swirls around potential candidates—both internal and external—Disney's stock remained steady, slipping just 32 cents to $96.97 in early trading Monday.
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