Disney Announces Leadership Changes Amid Industry Challenges

Disney is set for major leadership changes as it appoints Morgan Stanley CEO James Gorman as its new board chair in 2025. This transition, marking the fourth in three years, comes amid challenges in the media industry. Gorman’s leadership will focus on finding a new CEO to replace Bob Iger, while navigating the evolving landscape of streaming and declining traditional viewership. As Disney aims to adapt and innovate, the decisions made during this transition will be crucial for the company’s future.