james gorman

Disney tasks Morgan Stanley’s James Gorman to lead CEO search

by
Disney tasks Morgan Stanley’s James Gorman to lead CEO search

Walt Disney on Wednesday named board member and Morgan Stanley executive chairman James Gorman to chair its succession planning committee, which is looking for the next chief executive officer. Disney won a months-long proxy war with activist investor Nelson Peltz who argued the company had underperformed in the streaming-television era and criticized its succession planning. The board has extended … Read more

Threats to banks are ‘their own stupidity,’ AI

by
Threats to banks are ‘their own stupidity,’ AI

Outgoing Morgan Stanley CEO James Gorman ripped banks’ “stupidity of their own management” as one of the top threats facing Wall Street — right alongside artificial intelligence. When reflecting on his nearly 14-year tenure at Morgan Stanley to the Financial Times, Gorman — who has less than two weeks left at the firm — said … Read more