19/10/2026
What can a company like Disney teach us about succession planning? 🎬
Succession planning isn’t just about choosing the next CEO. It’s about preparing a business’s leadership, responsibilities and structure for what comes next.
In 2023, Disney announced a major restructure, organising its operations into three core segments: Disney Entertainment, ESPN, and Disney Parks, Experiences and Products. The changes aimed to strengthen accountability, give division leaders greater operational and financial responsibility, improve efficiency and put creativity back at the centre of the business.
Disney also maintained shared services, including technology, advertising sales and platform distribution, balancing individual business-unit accountability with company-wide efficiencies.
Leadership continuity was another key consideration. In 2023, Disney’s Board extended Bob Iger’s tenure through December 2026 to support CEO succession planning. In February 2026, Disney announced Josh D’Amaro as its next CEO, with Iger expected to remain as Senior Advisor and a Board member until his retirement at the end of 2026. Disney also highlighted Iger’s mentorship of internal candidates throughout the succession process.
What’s the lesson for business owners?
Succession planning should begin before a leadership change becomes urgent. Consider who holds control, how decisions are made, what happens if a key person can no longer act, and whether your legal and business structures still support your goals.
You may not be running a global entertainment empire, but the principle is the same: a strong business plan looks ahead. A strong succession plan does too.
At Ardor Legal, we help business owners consider the structuring, commercial and succession arrangements that can support business continuity and future growth.
📌 Your next chapter deserves more than a last-minute plan. Start the succession conversation with Ardor Legal.