BREAKING: Disney Chairman Susan Arnold TERMINATED | LIVE REACTION

Walt Disney Chairman Susan Arnold TERMINATED | LIVE w/ WDW PRO

BREAKING NEWS:

In a stunning turn today, Walt Disney Company Board of Directors announced Disney Board member (2016) and NIKE CEO and Executive Chairman MARK PARKER as her replacement effective as of the annual shareholder meeting in March 2023.

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FROM The Hollywood Reporter:

The Walt Disney Co. is shaking up its board of directors, tapping Nike executive chairman Mark Parker to be chairman, effective as of its next annual meeting.

Susan Arnold, who has been chair since Bob Iger retired from the company at the end of 2021 (and who asked him to return last year), will step down from the board at that time. The company says her departure is consistent with Disney’s 15-year board term limit.

“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,” said Bob Iger, Disney’s CEO, in a statement. “On behalf of my fellow Board members and the entire Disney management team, I also want to thank Susan for her superb leadership as Chairman and for her tireless work over the past 15 years as an exemplary steward of the Disney brand.”

Thumbnail by @JFG

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