By NEW YORK (Reuters) – Hedge fund manager Nelson Peltz, who lost a bruising boardroom challenge at Walt Disney (NYSE:DIS) this year, is confident the company’s new board chairman will find a ‘respectable CEO’ to replace Bob Iger.
Peltz called James Gorman, a former Morgan Stanley (NYSE:MS) chief who was recently named Disney board’s chairman, a “good man” and expressed confidence Gorman will run a thorough search process and solve the company’s succession planning problems.
This post appeared first on investing.com