The Walt Disney Company Names James P. Gorman As Chairman, Effective January 2, 2025, Succeeding Mark G. Parker; Gorman To Step Down As Morgan Stanley Executive Chairman On December 31, 2024; Disney Board Plans To Announce Next CEO In Early 2026, Reviewing Internal And External Candidates
Portfolio Pulse from Benzinga Newsdesk
The Walt Disney Company has appointed James P. Gorman as its new Chairman, effective January 2, 2025, succeeding Mark G. Parker. Gorman will step down as Morgan Stanley Executive Chairman on December 31, 2024. Disney plans to announce its next CEO in early 2026, considering both internal and external candidates.
October 21, 2024 | 12:33 pm
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Disney has named James P. Gorman as its new Chairman, effective January 2025. This leadership change could influence Disney's strategic direction. The company is also planning to announce a new CEO in early 2026.
The appointment of a new Chairman is a significant leadership change for Disney, which could impact its strategic direction. However, the effect on stock price is uncertain until more details about the new Chairman's plans are revealed.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100