Bob Iger replacement and new chair announced.
Disney is making big moves, announcing plans to name a successor for CEO Bob Iger by early 2026.
In a major shake-up, former Morgan Stanley CEO James Gorman will become Disney’s new board chairman in January.
This decision signals a fresh approach to leadership after past turbulence over succession planning.
Botched transition
Gorman, praised for his succession work at Morgan Stanley, steps in as former Nike CEO Mark Parker steps down.
Disney has faced criticism in the past for botched CEO transitions, most notably with Iger’s previous extended tenure.
Iger’s 2020 successor, Bob Chapek, was ousted after clashing with the iconic CEO, leaving Disney in search of stability.
All eyes will now be on Disney as the countdown to 2026 begins.
