Walt Disney Co. has tapped former Morgan Stanley CEO James Gorman to lead the search for Bob Iger’s successor.
Gorman, who oversaw the recent succession process at the bank, joined Disney’s board earlier this year, when Iger aimed to set Disney on steady footing amid a battle with activist investors.
The entertainment company said its succession committee has met six times in fiscal 2024 for its deliberations, which began in January 2023. Disney must find its next leader before Iger’s contract runs out in 2026.
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