Nelson Peltz says new Disney chairman Gorman will find a 'respectable CEO'

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.

Source: Investing.com