Key Takeaways The Walt Disney Co. announced that the replacement for CEO Bob Iger will be named in early 2026. The entertainment giant also said former Morgan Stanley CEO James Gorman, who heads the succession committee, will become chair on Jan. 2. Iger returned to Disney as CEO in November 2022 after the board removed his successor, Bob Chapek. Shares of The Walt Disney Co. (DIS) declined Monday as the entertainment giant said that the replacement for Chief Executive Officer (CEO) Bob Iger will be named i ...

Walt Disney said it would announce another replacement for CEO Bob Iger in early 2026 and named a veteran of Morgan Stanley as board chair on Monday, for the first time announcing a timetable for succession at the storied media and entertainment company.James Gorman will step down as executive chair of Morgan Stanley at the end of 2024 and take on the position at Disney in January. He had served as CEO of the Wall Street bank for 14 years and is credited with transforming it into a wealth management powerho ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

James Gorman, the former Morgan Stanley CEO who joined Disney‘s board earlier this year in a signal to investors about the company’s succession process, has been named chairman. He will succeed Mark Parker on January 2, 2025. Parker, executive chairman of Nike, is leaving the board after serving as a director for nine years. Gorman remains executive chairman at Morgan Stanley but will be relinquishing that position on December 31. He currently leads Disney’s succession planning committee and gained notice ...

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Disney has tapped James Gorman to replace Mark Parker as the company's next chairman, effective in January, as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026, the company said Monday.Gorman joined Disney's board less than a year ago and was named the head of the succession planning committee in August. He will continue to lead that committee after he takes over as board chairman from Nike Executive Chairman Parker."The Disney board has benefited tremendously from Jame ...

The House of Mouse is recovering aggressively from the devastations caused by the pandemic.Disney (DIS 0.77%) is one of the most recognizable brands in the world, but that does not necessarily make it a good investment.*Stock prices used were the afternoon prices of Oct. 15, 2024. The video was published on Oct. 17, 2024. ...

Disney World and Disneyland introduce a new premium-priced ticket.There's going to be a new way to make the most out of a day at one of Walt Disney's (DIS -0.79%) domestic theme parks. It will be pretty spectacular. It's also not going to come cheap.The world's largest theme park operator is piloting a new attraction entry pass called Lightning Lane Premier Pass, giving those willing to pay between $129 and $449 a day of unprecedented access to a park's most popular attractions. Only a limited number of the ...

A new cake shop, located at Disney's Florida theme park, is opening this fall and is being criticized for its high prices, with fans calling the cost of some food items "obscene" and "offensive." The Cake Bake Shop by Gwendolyn Rogers on the BoardWalk at Disney World in Orlando is set to open on a not yet disclosed date later this year after replacing the ESPN Club, which closed in 2020 amid the COVID-19 pandemic, but Disney fans are criticizing the shop's menu prices ahead of its opening."These prices are ...

Disney's original theme park resort announced higher ticket prices this week. It's not as bad as you think.Walt Disney's (DIS -0.20%) domestic theme parks are dealing with windstorms on both coasts this week. The situation in Florida is making national headlines. Disney World -- as well as the area's other popular gated attractions -- closed on Thursday in the aftermath of Hurricane Milton slicing through the state overnight. Disney's iconic Florida parks closed early on Wednesday afternoon ahead of the cat ...