The Walt Disney Company on Monday announced James Gorman, former CEO of Morgan Stanley, will serves as its next board chairman. Gorman, set to take the helm on January 2, 2025, will succeed Mark Parker,

By Dawn Chmielewski (Reuters) -Walt Disney named Morgan Stanley veteran James Gorman as chair on Monday and said it would announce a replacement for CEO Bob Iger in early 2026, announcing for the first time a timetable for succession at the storied media and entertainment company.

The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year.