Disney said Monday it would name a new CEO in early 2026 and named James Gorman as board chairman.
Bob Iger's previous succession plan failed, leading to his return as CEO in 2022.
BI spoke to three people close to Disney who said their top questions on the succession announcement include: How will the timeframe impact the search?
AdvertisementDisney's last Iger succession plan failedGorman, who effectively managed his own succession at Morgan Stanley, was named in August to chair Disney's succession planning committee.
In late 2022, Disney dismissed Chapek and brought Iger back as CEO with a two-year contract, then extended through 2026.
Persons:
Disney, James Gorman, Bob Iger's, —, Morgan Stanley, James Gorman —, shrugged, Gorman, Disney flubbed, Iger, Bob Chapek, Chapek, Will Iger, Gorman didn't, Dana Walden, Alan Bergman, Walden, he's, Josh D'Amaro, Ron DeSantis, Jimmy Pitaro, Pitaro
Organizations:
Disney, Service, Disney Entertainment, Fox, Florida Gov, ESPN, NFL
Locations:
Hollywood