Chapek was so powerless at the company that his wife told him he was little more than Iger’s “lap dog,” according to the Times. Oracle CEO Safra Catz, a Disney board member, threatened to ...
Disney‘s board named director James Gorman, executive chairman of Morgan Stanley, as chair of its succession planning committee to identify a CEO replacement to take over the reins from Bob Iger.
Gorman, who joined Disney’s board of directors earlier this year, has previous experience in succession planning and chaired the process at Morgan Stanley, Disney said in a statement.
But it’s Disney’s directors who fare the worst. A corporate board’s most important job is CEO succession, and we now have the details as to why Disney’s failed at it so miserably.
Gorman, who oversaw the recent succession process at the bank, joined Disney’s board earlier this year, when Iger aimed to set Disney on steady footing amid a battle with activist investors.
Disney's most recent theme park announcements have failed to charm investors (Photo by YOSHIKAZU ... [+] TSUNO/AFP via Getty Images) Almost exactly one year ago, Disney's chief executive Bob Iger ...
As expected, Disney’s board has named director James P. Gorman to chair its Succession Planning Committee as the search for an executive to follow Bob Iger as CEO starts to heat up. Gorman ...
Former CEO Peter Kern exited Expedia Group's board following a successful management transition. New CEO Ariane Gorin has reversed some of Kern’s strategies, including pausing the global rollout ...
Kern joined the Expedia Group board in 2005, and became vice chairman in 2018. During Gorin’s four months as CEO, she has rolled back elements of Kern’s strategy. For example, Gorin paused the ...
DirecTV and the Walt Disney company have reached an agreement in principle, returning Disney's channels to DirecTV consumers. The parties are still working to finalize a new, multi-year contract ...
(Reuters) -Intel's director Lip-Bu Tan, a semiconductor industry veteran brought in two years ago to help with the chipmaker's comeback effort, has stepped down from its board, the chipmaker ...