Disney Board Shuffle: Former Sky Chief Jeremy Darroch, Morgan Stanley CEO James Gorman Appointed Directors As Francis A. deSouza Plans To Surrender His Seat
deadline.comThe Walt Disney Co. has added former Group CEO of Sky Jeremy Darroch and Morgan Stanley CEO James Gorman to its board of directors and said Francis A.
deSouza plans to surrender his seat at the end of his term. The corporate announcement follows an appearance by CEO Bob Iger at The New York Times DealBook Summit, during which he addressed an activist push by investor Nelson Peltz.
Along with former Marvel chief Ike Perlmutter, Peltz is seeking to gain seats on Disney’s board. “I am certain that the board will hear them out as to what their plans are,” Iger said of the duo, but added, “It’s not like we have a number of empty seats.” Darroch’s appointment is effective January 9, 2024, Disney said, and Gorman’s takes effect on February 5, 2024.
The nominations of Gorman and Darroch to the board will be voted on by shareholders at Disney’s annual meeting in early 2024.
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