James Gorman

And all the other top executives, Dana Walden, Alan Bergman, Jimmy Pataro, just a tremendous group of four executives we had to consider in this process.

And, you know, over time we'll work with him as he settles into the job to lay out what the right strategic moves will be and how we're going to measure ourselves against those.

So I'm highly confident in Josh and the team working with him.

I think, firstly, let's just talk about Bob.

I mean, he's had effectively two careers at Disney.

The first was an amazing 15-year run where he did deals that nobody else on the planet could have done, frankly.

He worked with Steve Jobs, with George Lucas, with Rupert Murdoch to buy a bunch of studios, which we now oversee seven studios, which Alan Bergman has been overseeing.

By the way, produced

under Alan's leadership and working with Dana and has produced over $6 billion movies in the last two years.

But Bob did a phenomenal job.

When the company got in trouble, and it was before I joined the board, they invited Bob to come back.

And really there were two mandates for him.

One was to get us through the very difficult post-COVID period and the changes taking place in the linear space with what was going on in streaming and now what is going on in AI.

He did that.

He really got the company fit for purpose.

The second was to make sure if we were to go internal, that the lead executives, and we had four of them to consider, would be ready for prime time if and when we went in that direction.

We ultimately did.