I actually like the idea for Destruction, splitting up Gork and Mork (and maybe eventually them having their own models too), but I do not think that Death should have another god on the level of Nagash. Death is characterized by Nagash's absolute order and iron grip upon it so that there are no genuine threats from within his own faction, the extreme opposite of Chaos where they bicker with each other just as much as the other Grand Alliances. Order has that internal strife as well, and Destruction is.. Well, destruction. Death not having as much of that gives them a reason to exist without just being the other Alliances but more.
That being said, that does not mean I don't think that Death shouldn't have internecine conflict. They should give Ushoran a model and bring him back to openly defy Nagash with the FEC that he can wrestle out of Nagash's control, and having other Death factions that turn against Nagash would be quite interesting as well. That being said, they shouldn't be god-level or capable of stopping Nagash themselves - just powerful enough to pose a threat that Nagash cannot destroy without committing his full attention. And seeing as Nagash is waging a war against 3 other Grand Alliances as well, he will not have the ability to give them his full attention.
Basically, Nagash should be the supreme power of Death, and those fighting him should operate more like rebellious cells that cannot overwhelm Nagash themselves, but have to pick and choose when to fight to take small victories on the fringe of Nagash's grip.