- Disney stated Monday that former Morgan Stanley CEO James Gorman can be its new chairman.
- It additionally introduced plans to verify a substitute for CEO Bob Iger in early 2026.
Disney stated Monday that former Morgan Stanley CEO James Gorman will develop into its new chairman, and introduced plans to verify a substitute for CEO Bob Iger in early 2026.
Iger, who returned as CEO in November 2022, two years after stepping down from the place, is contracted till December 2026.
“A essential precedence earlier than us is to nominate a brand new CEO, which we now count on to announce in early 2026,” new chairman Gorman stated in a press release.
“This timing displays the progress the Succession Planning Committee and the Board are making, and can enable ample time for a profitable transition earlier than the conclusion of Bob Iger’s contract in December 2026.”
Iger was beforehand CEO of Disney from 2005 to 2020. He was changed by Bob Chapek, who spent two years within the function earlier than Iger’s return.
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