James P. Gorman as Chairman of the Board, effective January 2, 2025, taking over from Mark G. Parker. Parker will depart on January 2 after nine years of service. Gorman will depart as Executive Chairman of Morgan Stanley on December 31,

The Walt Disney Company board of directors has named James P. Gorman as chairman of the board, effective January 2, 2025. He will succeed Mark G. Parker, who is departing the Disney board on January 2 after nine years of service.

The Walt Disney Company is making changes, starting with a new board chairman at the beginning of the year and a new CEO following that, the company said.