Disney Will Name Bob Iger CEO Replacement In 2026, Taps Banker James Gorman As Chairman
ForbesOCT 2024
The extended timeline for naming a new CEO demonstrates Disney's commitment to a thorough and careful succession process. This approach allows for proper vetting of candidates and ensures a smooth transition, which is crucial for maintaining stability and continuity in leadership. Gorman's expertise in succession planning will be invaluable in guiding this process.
The delay in announcing Iger's successor raises concerns about Disney's ability to execute a timely leadership transition and could potentially impact Disney's strategic planning and investor confidence. Previous chaotic succession attempts, including the short-lived tenure of Robert Chapek, signal that Disney is facing significant challenges in its search.