Tag: Morgan Stanley
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The Walt Disney Company Board Appoints Morgan Stanley’s James P. Gorman And Veteran Media Executive Sir Jeremy Darroch As New Directors
BURBANK, Calif., November 29, 2023 – The Walt Disney Company (NYSE: DIS) Board of Directors has appointed James P. Gorman, Chairman and Chief Executive Officer of Morgan Stanley, and Sir Jeremy Darroch, a veteran media executive and former Group Chief Executive of Sky, as new directors. Darroch’s appointment is effective January 9, 2024, and Gorman’s…
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Disney and Comcast Hire Investment Banks for Hulu Valuation
Progress continues to be made on the potential sale of Comcast’s remaining Hulu stake to Disney. Both Comcast and Disney have hired investment banks to rate the value of Hulu ahead of November 1st when either company can trigger an option to kick off the sale of Hulu. Hulu already has a minimum value of…