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Who will succeed Bob Iger as Disney CEO? The 4 candidates tipped to take over

Iger, 74, will step down as Disney boss for the second time at the end of 2026. Four internal candidates have been vying for the job

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Bob Iger celebrates the 90th anniversary of Mickey Mouse’s creation in Los Angeles in 2018. The 74-year-old Disney CEO will soon step down for the second time after his successor, Bob Chapek, did not work out. Photo: Getty Images via AFP
Bloomberg

The Walt Disney Company can ill afford another succession implosion.

The last time CEO Bob Iger handed over the reins, the plan backfired, executives revolted, his replacement got bounced, and Iger returned to lead the storied entertainment giant for another four years.

Iger will close out his two-decade tenure at Disney at the end of this year when his contract expires. The board is preparing to make a pivotal leadership move at a perilous time for the industry.

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This time, Disney has entrusted a take-charge outsider to oversee its CEO transition, which is expected to unfold in the coming weeks.

James P. Gorman, former head of Morgan Stanley, became Disney’s chairman a year ago with succession at the top of his to-do list. The 67-year-old Australia native comes with strong opinions and sterling credentials: he helped stabilise, then revitalise the Wall Street bank during his 14 years in the C-suite, retiring in December 2024 after orchestrating a seamless baton pass.
James P. Gorman speaks onstage during the 2019 New York City Police Foundation Gala at the New York Hilton Midtown. Photo: Getty Images
James P. Gorman speaks onstage during the 2019 New York City Police Foundation Gala at the New York Hilton Midtown. Photo: Getty Images

“I don’t know that there’s anyone who could have navigated these kinds of leadership transitions better than James,” says Erika H. James, dean of the Wharton School at the University of Pennsylvania. “He’s not afraid to do the hard things.”

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