Disney Needs More Than Magic to Find New CEO for Its Empire (1)

James Gorman, the affable Aussie who just stepped down from leading one of the biggest investment banks in the US, is tackling one of toughest jobs in corporate governance: finding a successor to Disney CEO Bob Iger.

The role calls for an unusual mix of executive talents: someone who can lead a team of iconic Disney Imagineers, maintain fiscal discipline over diverse operations from theme parks to streaming services, navigate political minefields, and appease retail shareholders who make up about one-third of share ownership. The chosen one would bear the responsibility of more than just hiking profits, but preserving the ...