Disney Bolsters Board with New Appointments Amid Investor Pressure
The Walt Disney Co. has announced the addition of former Group CEO of Sky, Jeremy Darroch, and Morgan Stanley CEO, James Gorman, to its board of directors. Francis A. deSouza plans to surrender his seat at the end of his term. The nominations of Gorman and Darroch will be voted on by shareholders at Disney's annual meeting in early 2024. The appointments come after an activist push by investor Nelson Peltz to gain seats on Disney's board.