Disney Expands CEO Search to External Candidates

Disney is expanding its search for a successor to CEO Bob Iger, now considering external candidates alongside internal options, with Electronic Arts CEO Andrew Wilson being a notable contender. The search is being led by James Gorman, who will become Disney's board chairman in January 2024, with a new leader expected to be announced by early 2026. Wilson, who has held various leadership positions at EA since 2001, previously interviewed for the ESPN president role in 2018 and was involved in discussions regarding a potential acquisition of EA by Disney. Internal candidates still in the running include Dana Walden, Alan Bergman, Jimmy Pitaro, and Josh D’Amaro. The search process is being conducted with assistance from the headhunting firm Heidrick & Struggles, reflecting Disney's recognition of the challenges ahead in a shifting media landscape. Analysts are optimistic about Disney's forthcoming fiscal results, anticipating a significant year-over-year increase in both earnings and website traffic.