Disney (DIS) has announced that outgoing Morgan Stanley CEO James Gorman (MS) and Former CEO of Sky Jeremy Darroch (CMCSA) will be joining the multinational media company's board of directors while former Illumina CEO Francis deSouza (ILMN) will not seek re-election. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development from Disney and what it for CEO Bob Iger's business strategy. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Disney CEO Bob Iger said the company is hard at work to find his replacement. Here's what he had to say on that topic, and other matters, at the New York Times DealBook Summit.
The following are the top stories in the Wall Street Journal. - Henry Kissinger, a former U.S. foreign policy diplomat who served as a national security adviser and secretary of state under two presidents and earned a Nobel Peace Prize, died on Wednesday at the age of 100. - Occidental Petroleum is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin in a deal that could be valued well above $10 billion including debt.