LUDLOW. ED: WELCOME TO OUR BLOOMBERG TELEVISION AND RADIO AUDIENCES AROUND THE WORLD. AFTER A THREE-YEAR SEARCH, DISNEY'S BOARD AND ITS CHAIRMAN JAMES GORMAN HAVE NAMED A SUCCESSOR JOSH D'AMARO, PROMOTED FROM PARKS CHIEF TO SUCCEED BOB IGER IN MARCH OF THIS YEAR.MR. GORMAN JOINS US NOW. GOOD MORNING, MR.GORMAN. THANK YOU FOR YOUR TIME. LET'S START WITH A SIMPLE QUESTION.WHY JAMES D'AMARO. JAMES: IT IS JOSH D'AMARO. GOOD MORNING, ED.HE IS A FANTASTIC EXECUTIVE. HE IS STRATEGIC. HE HAS RUN A HUGE OPERATION, O ...

Core Viewpoint - Disney has appointed Josh D'Amaro as the new CEO, succeeding Bob Iger, who revitalized the company over two decades. D'Amaro is expected to navigate the company through challenging times, particularly in the streaming and theme park sectors [6][5]. Group 1: Leadership Transition - Josh D'Amaro has been with Disney for 28 years, starting in the accounting department and rising through various roles, including leading Disneyland and Disney World Resort [2][6]. - D'Amaro is recognized for his consensus-building style and understanding of Disney's culture, making him a respected figure among Disney fans and Wall Street [3][4]. - Dana Walden has been appointed as the president and chief creative officer, marking a significant leadership change as she becomes the first woman to hold this position at Disney [4][10]. Group 2: Financial Performance and Challenges - D'Amaro's division, which includes theme parks and experiences, generated $36 billion in revenue in the last fiscal year [6]. - The company faces challenges in the streaming age, with declining cable TV revenues and a difficult theatrical environment [7][9]. - D'Amaro's immediate priorities include managing the parks business amid economic pressures and maintaining creative momentum in Disney's studios and streaming services [9][12]. Group 3: Succession Planning - The succession planning process took over two years, with the board expressing confidence in D'Amaro's readiness to lead [8][18]. - The board unanimously selected D'Amaro as CEO, emphasizing the importance of his skills and vision for the company's future [8][13]. - Iger will remain as a senior advisor until his contract expires in December, ensuring a smooth transition [5][22]. Group 4: Compensation and Expectations - D'Amaro's compensation package is approximately $38.5 million, which includes a base salary of $2.5 million and long-term incentives [12]. - The board believes D'Amaro is well-prepared to guide Disney and create long-term value for shareholders [13][22]. - Iger noted that D'Amaro will need to chart a new path for the company, adapting to the rapidly changing entertainment landscape [23].

We want the next generation to choose their own path because we know that everything that we do, we need to have perspectives from all over the place so we're not giving them jobs. We're trying to guide them, but we want them to take their own decisions. So what they want to do and how they want to develop themselves.So how would you describe success. Giving them a sense of belonging or a sense of values. I think both of those is important and to be seen from from us, because of course, they look a lot at u ...

As the region’s sheikhs and princes hope to diversify away from oil to build broader, sturdier economies, encouraging succession planning is becoming an urgent task. It is not an easy one https://t.co/rjxzsiqfiO ...

Trucking industry stalwart Schneider (NYSE: SNDR) revealed a strategic leadership shift on Wednesday, January 28, 2026, as part of its ongoing succession planning. Current President and CEO Mark Rourke will transition to Executive Chairman of the Board of Directors effective July 1, 2026, paving the way for Jim Filter, the company’s Executive Vice President and Group President of Transportation and Logistics, to assume the top executive role. Rourke, who has helmed the company since 2019, has been credit ...

Leadership Promotions - Boise Cascade announced the promotion of Dennis Fringuelli to Vice President of Sales and Marketing for the Building Materials Distribution division and Jeff Dracup to Vice President of Sales and Marketing for Engineered Wood Products, effective January 19, 2026 [1] - These promotions are part of a succession planning process aimed at developing internal talent and recognizing leaders who embody the company's values and have shown exceptional performance [4] Executive Backgrounds - Dennis Fringuelli has been with Boise Cascade since 1999, starting as a national account manager and progressing through various roles, including director of BMD sales and marketing [2] - Jeff Dracup joined Boise Cascade in 2004, initially in sales and product management, and has held several progressive positions, including director of EWP sales and marketing [3] Company Overview - Boise Cascade is a leading wholesale distributor of building materials and a major manufacturer of engineered wood products and plywood in North America, operating over 60 distribution and manufacturing facilities across the U.S. and Canada [5] - The company employs over 7,500 people and focuses on delivering outstanding service through an integrated model and national distribution footprint [5]

Group 1 - UBS CEO Sergio Ermotti is set to leave his position in April 2027 after completing the integration of Credit Suisse [1][4] - The bank is currently in discussions with Swiss authorities regarding stricter capital requirements, which may impact its operations [1][5] - UBS's share value has doubled during Ermotti's tenure, despite facing regulatory challenges and disagreements with Swiss authorities over a proposed $24 billion capital buffer increase [5] Group 2 - The search for Ermotti's successor is expected to accelerate ahead of the bank's annual general meeting next year, with potential candidates including Aleksandar Ivanovic, Iqbal Khan, and Robert Karofsky [2][3][6] - Chairman Colm Kelleher is leading the succession planning, aiming for a transition similar to that at Morgan Stanley, which involved multiple internal candidates [6] - Iqbal Khan, who has a contentious history with Credit Suisse, is frequently mentioned as a possible successor and currently heads the Asia-Pacific division [6]

Core Viewpoint - UBS chief executive Sergio Ermotti is set to resign in April 2027, initiating a succession race for a significant position in global banking [1] Group 1 - The planned resignation of Sergio Ermotti marks a pivotal moment for UBS, as it opens the door for potential leadership changes within the company [1] - The announcement has implications for the broader banking industry, as the role of UBS CEO is considered one of the most influential in global finance [1]

Core Viewpoint - Admiral Group announces the retirement of Geraint Jones as Group CFO, with Rachel Lewis set to assume the role from July 2026, following a thorough recruitment process and subject to regulatory approval [1][3]. Group Leadership Transition - Geraint Jones has been with Admiral for 24 years and has been a key figure in the Group's transformation, increasing market capitalization from £3.7 billion to £9.6 billion and growing the customer base to 11 million [2]. - Rachel Lewis, currently CFO of Admiral's UK insurance business, will become Group CFO and join the Board as an executive director, bringing two decades of experience in financial strategy and growth [3][4]. Contributions and Legacy - Geraint Jones expressed pride in his role at Admiral, highlighting the company's commitment to customer service and sustainable growth during his tenure [5]. - CEO Milena Mondini di Focatiis acknowledged Geraint's significant contributions, noting the tripling of the customer base and sustainable growth achieved under his leadership [6]. - Mike Rogers, Chair of the Board, emphasized the importance of succession planning and expressed gratitude for Geraint's leadership during a period of consistent growth [7]. Incoming CFO's Vision - Rachel Lewis expressed her honor in stepping into the Group CFO role, emphasizing her commitment to supporting the company's strategic ambitions and delivering growth through customer excellence [8].

Group 1: CFO Transition at Robinhood - Jason Warnick is retiring as CFO of Robinhood, with Shiv Verma stepping into the role, focusing on finance and strategy [2][6] - Warnick emphasizes the importance of capital allocation and influencing the CEO in a CFO's role [3] - Verma has engaged with CEO Vlad Tenev and other leaders to focus on long-term strategic decisions for Robinhood [4] Group 2: CEO-CFO Partnership - The partnership between the CEO and CFO is critical, as CFOs are seen as strategic thought partners amid rapid technological changes [5] - CFOs provide enterprise-wide visibility and help translate ambiguity into actionable decisions [5] Group 3: Robinhood's Performance and Governance - Robinhood experienced significant changes over the past seven years, including workforce reductions and a shift to a general manager model [6] - In 2024, Robinhood reported total net revenue of $2.95 billion and annual net income of $1.41 billion, and joined the S&P 500 in September [6][7] Group 4: Tesla's Q4 2025 Performance - Tesla produced over 434,000 vehicles and delivered over 418,000 vehicles in Q4 2025, with energy storage deployments reaching a record of 14.2 GWh [12] - For the full year 2025, Tesla delivered 1.64 million vehicles, a 9% decrease from 2024, while BYD sold 2.26 million electric vehicles, becoming the largest EV maker [13]