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Disney sets new timetable to replace Bob Iger as chief

US entertainment company appoints James Gorman as chair as it seeks to end decade-long succession saga
Iger stepped down as chief executive in 2020, but then returned after the ouster of his hand-chosen successor.

Disney has appointed former Morgan Stanley boss James Gorman as its chair and announced plans to name a new chief executive in “early 2026” — for the first time setting a timeline for the most drawn-out and consequential succession saga in Hollywood.

The media giant has spent the past decade trying to find a replacement for its chief executive Bob Iger, making succession among the most crucial concerns for investors.

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