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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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Hundreds Gather in Central London to Mourn Singer Liam Payne

Hundreds Gather in Central London to Mourn Singer Liam Payne
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Hundreds Gather in Central London to Mourn Singer Liam Payne

Hundreds Gather in Central London to Mourn Singer Liam Payne

Hundreds gathered Sunday in London’s Kensington Gardens to mourn Liam Payne as fans around the world grieved for the One Direction singer who died this week.
Directioners, as supporters of the massively successful boy band are known, left tributes in London, Glasgow, Paris, Sydney and New York this weekend as they celebrated the life of the 31-year-old who died Wednesday after falling from a hotel balcony in Buenos Aires.
In London, they clapped and sang after gathering near a statue of Peter Pan, the fictional boy who never grew up created by J.M. Barrie. The mourners, mostly young women, left heart shaped balloons, photographs and flowers at the base of the statute, which sits next to a narrow path next to a waterway known as The Long Water, The Associated Press reported.
Mindful of the crowds in the limited space, organizers asked fans to leave their tributes then move away to allow others to approach the statue.
Fans Lauren Anderson and Natasha Bradley, both 23, said they wanted to be with others who shared their grief.
“Your parents, they don’t really understand how much (One Direction) really meant to you growing up,” Bradley said, explaining why she came to the park.
The vigils followed those that took place outside the Casa Sur Hotel in the chic Palermo neighborhood of Argentina’s capital immediately after Payne fell from his third-floor hotel room. The four surviving members of One Direction issued a joint statement saying they were “completely devastated” by the death of their bandmate.
One Direction rose to worldwide popularity soon after the band was formed in 2010 from five young singers who auditioned for the X Factor, a British TV talent show. The band broke up in 2016 after producing five albums that sold more than 70 million copies.