Disney names James Gorman Chairman; CEO succession to be announced early 2026

Walt Disney Co

Mark G. Parker resigns from Disney Board effective Jan 2, 2025, after nine years of service.
James P. Gorman (Morgan Stanley Executive Chairman) becomes Disney Chairman on Jan 2, 2025.
Board expects to announce next CEO in early 2026; Bob Iger's contract ends December 2026.
Succession Planning Committee (chaired by Gorman) met six times in fiscal 2024, reviewing internal and external CEO candidates.

item 5.02 item 7.01 item 9.01

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Departed

Mark G. Parker

Chairman and director

DIS · Walt Disney Co

Effective: 2025-01-02
Filed: October 21, 2024, 7:59 PM ET

On October 18, 2024, Mark G. Parker, Chairman and director on the Board of Directors (the “Board”) of The Walt Disney Company (the “Company”), informed the Company of his decision to resign from the Board, effective as of January 2, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark G. Parker resigned as Chairman and director at Walt Disney Co.

Action: resigned
Role: Chairman and director

Exact text from the filing

On October 18, 2024, Mark G. Parker, Chairman and director on the Board of Directors (the “Board”) of The Walt Disney Company (the “Company”), informed the Company of his decision to resign from the Board, effective as of January 2, 2025.

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Source: SEC EDGAR

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