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Disney names Gorman to serve as next chairman; anticipates naming new CEO in early 2026

FILE - Guests pass a statue of Walt Disney and Mickey Mouse in the Magic Kingdom at Walt Disney World on July 14, 2023, in Lake Buena Vista, Fla. (AP Photo/John Raoux, File)

FILE - Guests pass a statue of Walt Disney and Mickey Mouse in the Magic Kingdom at Walt Disney World on July 14, 2023, in Lake Buena Vista, Fla. (AP Photo/John Raoux, File)

FILE - Chairman and Chief Executive Officer of Morgan Stanley James Gorman speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Nov. 2, 2022. (AP Photo/Bertha Wang, File)

FILE - Chairman and Chief Executive Officer of Morgan Stanley James Gorman speaks during the Global Financial Leaders' Investment Summit in Hong Kong, Nov. 2, 2022. (AP Photo/Bertha Wang, File)