Disney reveals when CEO Bob Iger will be replaced.

 

The entertainment behemoth, The Walt Disney Company, is not yet ready to reveal its successor to CEO Bob Iger, but it is at least stating when it will make the announcement. Disney announced on Monday that it will reveal Iger’s replacement in the first part of 2026. In a related development, Disney’s board of directors appointed James Gorman, a former CEO and executive chairman of Morgan Stanley, as its new chairman, beginning January 2, 2025. Gorman will leave Morgan Stanley before taking up his new role as chairman of Disney. He will take Mark Parker’s place as Nike’s executive chairman.

 

Iger left Disney in 2020 and returned in 2022. “The Disney Board has benefited tremendously from James Gorman’s expertise and guidance, and we are lucky to have him as our next Chairman – particularly as the board continues to move forward with the succession process,” read a statement from Iger. “I’m extremely grateful to Mark Parker for his many years of board service and leadership, which have been so valuable to this company and its shareholders, and to me as CEO.”

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