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Disney has named Morgan Stanley’s James Gorman as its new chair as the media company searches for a successor to chief executive Bob Iger.
Gorman is already a director on Disney’s board and head of the succession planning committee to select the next chief executive. He will succeed current chair Mark Parker in January after stepping down from his role as chair of Morgan Stanley in December.
“A critical priority before us is to appoint a new CEO, which we now expect to announce in early 2026,” Gorman said. “This timing . . . will allow ample time for a successful transition before the conclusion of Bob Iger’s contract in December 2026.”
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