Disney’s journey to find Bob Iger’s successor is gaining momentum. The board has announced that James Gorman, Morgan Stanley’s executive chairman, will spearhead the succession planning committee. Gorman, who recently joined Disney’s board and led a similar process for Morgan Stanley, brings valuable experience and a strategic mindset to this crucial task.
The committee’s mission is clear: they’ll be evaluating both internal and external candidates to ensure the best fit for leading Disney into its future. As part of this meticulous process, internal hopefuls, including Dana Walden and Alan Bergman of Disney Entertainment, ESPN’s Jimmy Pitaro, and Josh D’Amaro from Disney Parks, are undergoing rigorous preparation and mentorship under Iger’s guidance. This ensures a well-rounded and prepared leadership pool.
Since his return to Disney’s helm in 2022, following Bob Chapek’s departure, Iger has highlighted succession planning as a top priority. Speaking on Kelly Ripa’s podcast, he shared his commitment to leaving Disney in capable hands. “Identifying Disney’s next CEO is not just a priority; it’s imperative. I want to retire knowing the company is in great hands,” Iger emphasized.
Mark Parker, Disney’s chairman and a seasoned figure in succession planning, expressed confidence in Gorman’s leadership. “James is a respected leader with immense succession planning experience. His strategic insight is invaluable as we move forward,” Parker noted.
Together with Mary Barra of GM and Calvin McDonald of Lululemon Athletica, the committee has already conducted six meetings this fiscal year, reflecting their dedicated and thorough approach to finding Disney’s next visionary leader.
What are your thoughts on Disney’s strategic steps to find the perfect CEO? Share your opinions and join the discussion in the comments below!
Source: Todd Spangler
