Exciting news from the magical world of Disney! The company has announced that James Gorman will chair its succession planning committee, which is responsible for finding a worthy successor to CEO Bob Iger. Gorman, who has an impressive background, most notably as Morgan Stanley’s executive chairman since 2012 and CEO from 2010 to 2023, joined Disney’s board earlier this year. He plans to step down from his role at Morgan Stanley in December 2024.
Disney board chairman Mark Parker expressed his confidence in Gorman, highlighting his exceptional leadership skills and extensive experience in succession planning. “Succession planning is a top priority of the Board, and I am eager to continue collaborating with James on the Committee as we advance the important work we have already been doing to identify and prepare the next CEO of The Walt Disney Company,” Parker said in a statement.
Joining Gorman on the committee are respected directors Mary Barra and Calvin McDonald, both of whom bring valuable insights from their own experiences with Fortune 500 companies. Gorman emphasized his commitment, stating, “I look forward to working alongside Mark and my other fellow Committee members in advising the Board as we continue to press forward expeditiously with this work.”
Bob Iger, who has long been an influential figure at Disney, has openly expressed his dedication to finding the right successor. In a recent interview, Iger mentioned, “I’d like to retire again,” underscoring the importance of this new committee’s work.
What are your thoughts on James Gorman leading Disney’s succession planning committee? Do you have any predictions on who might be the next Disney CEO? Share your thoughts in the comments below and let’s get a conversation started!
Source: TheWrap
