Get the latest gossip

Disney Director, Succession Planner & Longtime Morgan Stanley Chief James Gorman To Exit As Investment Bank Chair After Smooth CEO Handover There


Disney director James Gorman, on the board's succession planning committee, will step down as chair of Morgan Stanley after a smooth handover there.

Disney director James Gorman, who retired as CEO of Morgan Stanley in January after a smooth succession process, will also be stepping down as executive chairman of the financial giant. One of the longest tenured top executives on Wall Street, Gorman told Morgan Stanley’s annual meeting of shareholders today that he plans to exit the role at year end. Speculation around Iger’s replacement has so far touched on internal candidates led by co-chief Dana Walden, parks’ boss Josh D’Amaro, and ESPN/sports head Jimmy Pitaro.

Get the Android app

Or read this on Deadline

Read more on:

Photo of james gorman

james gorman

Photo of morgan stanley

morgan stanley

Related news:

News photo

Disney Board Election Tally Shows James Gorman Leading All Vote-Getters

News photo

Disney’s Potential Proxy Battle No Issue For Incoming Board Member James Gorman: “That Doesn’t Bother Me One Little Bit”

News photo

Disney Board Shuffle: Former Sky Chief Jeremy Darroch, Morgan Stanley CEO James Gorman Appointed Directors As Francis A. deSouza Plans To Surrender His Seat