The changes keep coming at Disney. Weeks after Bob Iger returned to the Mouse replacing his own successor Bob Chapek, the board of the company is undergoing another sizable change. Wednesday, news broke Susan Arnold is stepping down as chair of The Walt Disney Co. board, a role she had held adasince Iger's first retirement at the end of 2021. It's said Arnold will be replaced by Nike executive chairman Mark Parker at the company's next annual meeting.
""Mark Parker's vision, incredible depth of experience and wise counsel have been invaluable to Disney, and I look forward to continuing working with him in his new role, along with our other directors, as we chart the future course for this amazing company," Iger said in a statement released by the company .
The change comes as Disney say it's battling an ongoing proxy fight from activist investor Nelson Peltz and Trian Partners."The Walt Disney Company remains open to constructive engagement and ideas that help drive shareholder value," the company added."While senior leadership of The Walt Disney Company and its Board of Directors have engaged with Mr.
For the first time since Iger returned, the company also revealed his plans this second time around. According to the company's statement, Iger will be using his two-year deal at the company to make the Disney business model adapt to an ever-changing media landscape. 0comments"Mr. Iger's mandate is to use his two-year term and depth of experience in the industry to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity while bringing a renewed focus on the creative talent that has made The Walt Disney Company the envy of the industry," the company concluded."Mr.
The guy that set Disney on the Woke path to ruin is already said he's doubling down on woke. This won't matter RIPDisney
Meh
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