Disney to Announce New CEO by 2026

Disney has confirmed the announcement of Bob Iger's successor as CEO will occur in early 2026, following the appointment of James Gorman as the new chairman of the board, effective January 2025. Gorman, a former CEO of Morgan Stanley, emphasized that appointing a new CEO is a critical priority for Disney, reflecting progress by the succession planning committee. Iger, who has extended his role through the end of 2026, returned to the position after the tumultuous tenure of Bob Chapek, who was replaced in 2022. Potential successors being considered include current division leaders such as Dana Walden and Josh D’Amaro, with Walden seen as a leading candidate. Iger's succession has gained importance amid ongoing challenges and a recent proxy battle against activist investors. The upcoming transitions are seen as crucial for stabilizing Disney's leadership and direction during a pivotal time for the company.