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Disney To Name Bob Iger's Successor In Early 2026

Disney has appointed former Morgan Stanley CEO James Gorman to replace Nike Executive Chairman Mark Parker as board chairman starting in January 2024, "as the media giant lays the groundwork to name a successor for CEO Bob Iger in early 2026," reports CNBC. Iger's contract has been extended until th...

CNBC reports: Gorman joined Disney's board less than a year ago and was named the head of the succession planning committee in August. "I'm extremely grateful to Mark Parker for his many years of board service and leadership, which have been so valuable to this company and its shareholders, and to me as CEO." Pushing the date back to early 2026 will give the board more time to conduct due diligence on both internal and external candidates, according to people familiar with the matter, who asked not to be named because the discussions are private.

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