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Nelson Peltz says new Disney chairman Gorman will find a ‘respectable CEO’

1 week ago

Less than a minute

2024.11.13 14:43

© Reuters. Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

NEW YORK (Reuters) – Hedge fund manager Nelson Peltz, who lost a bruising boardroom challenge at Walt Disney (NYSE:) this year, is confident the company’s new board chairman will find a ‘respectable CEO’ to replace Bob Iger.

Peltz called James Gorman, a former Morgan Stanley (NYSE:) chief who was recently named Disney board’s chairman, a “good man” and expressed confidence Gorman will run a thorough search process and solve the company’s succession planning problems.

1 week ago

Less than a minute

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