Gorman is currently chair of Disney’s succession planning committee. He serves as executive chairman at Morgan Stanley, but will be stepping down from that post at the end of the year. Gorman previously served as Morgan Stanley’s CEO from 2010 to 2023 and chairman from 2012 to 2023.

As Disney appoints a new chairman, the struggle continues to find a suitable replacement for CEO Bob Iger. A successor must be named in 2026. View on euronews

The Walt Disney Co. is shaking up its boardroom, with former Morgan Stanley CEO James Gorman set to become chairman of the board of directors early next year. Gorman succeeds former Nike chairman Mark Parker, who will exit the board after nine years.