– USA, CA – The Walt Disney Company (NYSE: DIS) announced the appointment of James Gorman as Chairman of the Board of Directors, effective January 2, 2025, to succeed Mark Parker who will step down from the Board on January 2.
About James P. Gorman
James Gorman is Executive Chairman of Morgan Stanley and, as previously announced, will be stepping down from that role on December 31, 2024. He is currently Chair of the Disney Succession Planning Committee, which is working to identify and prepare the next chief executive officer of The Walt Disney Company.
“The Disney Board has benefited tremendously from James Gorman’s expertise and guidance, and we are lucky to have him as our next Chairman – particularly as the Board continues to move forward with the succession process,” Iger said. “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.”
“I am honored and humbled to have the opportunity to serve as Disney’s Chairman at this important moment in the company’s history,” said James Gorman. “In the short time I have had the opportunity to work with Mark, I have come to appreciate and deeply respect his authentic leadership, humility and intelligence. I know all Directors join me in saying we have been honored to serve with him as the Chairman of the Board.”
James Gorman served as Morgan Stanley’s EO from 2010 to 2023 and Chairman from 2012 to 2023. He joined the firm in 2006 and was named Co-President in 2007. Before joining Morgan Stanley, he held executive positions at Merrill Lynch and was a senior partner at McKinsey & Co. He serves as a Director of the Council on Foreign Relations and is a member of the Business Council. He formerly served as a Director of the Federal Reserve Bank of New York and President of the Federal Advisory Council to the U.S. Federal Reserve Board. Gorman has been a Director of the Company since 2024.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise that includes three business segments: Entertainment, Sports, and Experiences. Disney is a Dow 30 company and had an annual revenue of $88.9 billion in its Fiscal Year 2023.
For more: https://www.disneycareers.com/en
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