Disney's Succession Planning for Bob Iger's Replacement
Morgan Stanley's James Gorman to lead Disney's search for Bob Iger's successor. Iger returned in 2022 after rocky transition to his replacement, Bob Chapek. Iger extended contract to end of 2026. Disney facing challenges in parks division. Succession planning committee formed in 2023.
Key Points
- James Gorman to lead Disney's succession planning committee
- Bob Iger returned in 2022 and extended contract to end of 2026
- Internal and external candidates being considered for CEO role
Pros
- Experienced leadership in James Gorman
- Commitment to finding the right successor for Disney
- Internal candidates being groomed for leadership roles
Cons
- Challenges in stabilizing Disney's parks division
- Moderation in demand at global theme parks