The Walt Disney Company announced on Wednesday that board member James P. Gorman has been appointed as the new chair of its Succession Planning Committee.
"James is a highly respected leader, and we've asked him to serve as the new Chair of the Succession Planning Committee given his deep succession planning experience and long-term strategic mentality," said Mark G. Parker, who most recently acted as the Committee's Chair.
The committee's goal is to advise the Board and plan for a leadership change that aligns with Disney's long-term strategic objectives.