Disney's CEO succession drama is hurting the stock price
It's time to wrap the Disney (DIS) CEO succession race and bring a happy ending to one executive castmate. Because the long drawn out process being led by former Morgan Stanley (MS) CEO and current Disney chair James Gorman is weighing on its stock like a stretch of bad movies. "We wouldn’t expect the company to address leadership succession during the [upcoming] earnings call, but do anticipate resolution of this matter over the very near-term. While the change is not likely to result in major strategic ...