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Disney Names James Gorman as New Chairman, to Announce Next CEO in Early 2026

FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)
FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)
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Disney Names James Gorman as New Chairman, to Announce Next CEO in Early 2026

FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)
FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)

Walt Disney said on Monday it would appoint a new chief executive officer in early 2026 and named James Gorman as its chairman.
Gorman, executive chairman of Morgan Stanley, would step down from that role at the end of 2024 and take on the position at Disney in January.
He would succeed Mark Parker, who is leaving the media giant's board after nine years, according to Reuters.
Gorman is currently the chair of Disney board's succession planning committee, which is working to identify its next CEO.
Bob Iger returned to Disney as CEO in November 2022, less than a year after he retired, to revamp the media company after the board ousted his hand-picked successor, Bob Chapek.
Iger had initially planned to stay for two years but agreed to extend his tenure through 2026.

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Spielberg, Spike Lee and Queen Latifah among Standouts in US Arts and Humanities Honored by Biden

First lady Jill Biden speaks as President Joe Biden listen during a National Arts and Humanities Reception in the East Room at the White House in Washington, Monday, Oct. 21, 2024. (AP Photo/Mark Schiefelbein)
First lady Jill Biden speaks as President Joe Biden listen during a National Arts and Humanities Reception in the East Room at the White House in Washington, Monday, Oct. 21, 2024. (AP Photo/Mark Schiefelbein)
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Spielberg, Spike Lee and Queen Latifah among Standouts in US Arts and Humanities Honored by Biden

First lady Jill Biden speaks as President Joe Biden listen during a National Arts and Humanities Reception in the East Room at the White House in Washington, Monday, Oct. 21, 2024. (AP Photo/Mark Schiefelbein)
First lady Jill Biden speaks as President Joe Biden listen during a National Arts and Humanities Reception in the East Room at the White House in Washington, Monday, Oct. 21, 2024. (AP Photo/Mark Schiefelbein)

President Joe Biden on Monday honored acclaimed filmmakers, singers, writers and others who have made their mark on American culture, awarding the prestigious National Medals of Arts and National Humanities Medals to 39 recipients.
Filmmakers Steven Spielberg, Spike Lee and Ken Burns and singers Missy Elliott and Queen Latifah were among 20 recipients of National Medals of Arts, while the 19 recipients of National Humanities Medals included playwright-screenwriter Aaron Sorkin and historian Jon Meacham, The Associated Press said.
Three of the medals were awarded posthumously: The late singer Selena Quintanilla and artist Ruth Asawa are arts medal winners and the late chef-author Anthony Bourdain was among the humanities medal winners.
“Above all, you are the masters of your craft that have made us a better America with all of you have done,” Biden said at the White House ceremony.
Biden took a brief detour in his remarks to give a shout-out to Vice President Kamala Harris’ run for the White House.
“I know the power of the women in this room to get things done” and boost the next generation, he said, adding that the female winners were “proving a woman can do anything a man can do, and then some, that includes being president of the United States of America.”
The line drew a standing ovation.
Biden also told the winners that the moment was a “very consequential time in the arts and humanities in America” because “extreme forces are banning books, trying to erase history, spreading misinformation.”
The arts medals are managed by the National Endowment for the Arts, and the humanities medals by the National Endowment for the Humanities.
Actors Idina Menzel and Eva Longoria, producer Bruce Cohen and musicians Leonardo “Flaco” Jimenez and Herbert I. Ohta also received arts medals, along with photographers Randy A. Batista and Clyde Butcher, artists Carrie Mae Weems, Alex Katz and Mark Bradford, arts leaders Jo Carole Lauder and Bruce Sagan and the Country Music Hall of Fame and Museum.
The arts medals are given “to individuals or groups who are deserving of special recognition by reason of their outstanding contributions to the excellence, growth, support and availability of the arts in the United States.”
Other humanities winners included former US poet laureate Joy Harjo, actor-literacy advocate LeVar Burton, cartoonist Roz Chast and philanthropists Wallis Annenberg and Darren Walker. The humanities medals honor “an individual or organization whose work has deepened the nation’s understanding of the human experience, broadened citizens’ engagement with history or literature, or helped preserve and expand Americans’ access to cultural resources.”
Humanities medalists ranged from such cultural institutions as the Mellon Foundation and Appalshop to educators Robin Harris, Robert Martin and Ruth J. Simmons to scholars Pauline Yu, Nicolás Kanellos and Robin Wall Kimmerer. Writer Juan Felipe Herrera, filmmaker Dawn Porter and anthropologist Rosita Worl also were honored.