Disney Names James Gorman Board Chairman; Will Announce Bob Iger’s Successor In Early 2026
deadline.comJames Gorman, the former Morgan Stanley CEO who joined Disney‘s board earlier this year in a signal to investors about the company’s succession process, has been named chairman.
He will succeed Mark Parker on January 2, 2025. Parker is leaving the board after serving on it for nine years. Gorman remains executive chairman at Morgan Stanley but will be relinquishing that position on December 31.
He currently leads Disney’s succession planning committee and gained notice in the business community for engineering a smooth succession process at Morgan Stanley.
Disney CEO Bob Iger is widely admired, but succession has been a notable flaw. After reversing himself multiple times about retirement plans, Iger eventually handed the reins to Bob Chapek in 2020.
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