Disney Appoints Morgan Stanley’s Gorman as Chairman, Plans for New CEO in 2026

The House of the Mouse just announced that James Gorman will serve as its next chairman of the board starting January 2025, and that a new CEO will be appointed in 2026.
Gorman will leave his executive role at investment bank Morgan Stanley at the end of the year to succeed Mark Parker, who is leaving to focus on Nike after serving on Disney’s board for nine years.
Gorman is no stranger to Disney: he is currently presiding over Disney Board’s succession planning committee, which is working to identify and prepare the next CEO.
“James Gorman is an esteemed leader who has become an invaluable voice on the Disney Board since joining earlier this year,” Disney CEO Bob Iger said in a statement on Monday….