For the first time in its 98-year history, the American entertainment conglomerate will be led by a woman. Susan Arnold, who has years of experience in senior positions at companies such as Procter and Gamble and McDonald’s, will become the new Chairman of the Board. For the past eight years, Arnold has held a senior position in the investment company Carlyle Group. She also served as a board member of Disney for fourteen years, she said British BBC.
–
NEW: Walt Disney named board member and former Carlyle executive Susan Arnold its new chairman, replacing Bob Iger, who is nearing his previously announced departure https://t.co/WGOt43c6LE
— Bloomberg (@business) December 1, 2021
–
“Susan is an incredibly respected manager whose rich experience, unwavering integrity and professional judgment have been invaluable to the company since she joined the board in 2007,” said Bob Iger, a 15-year-old successor.
–
The change of leadership marks the end of an era for the Walt Disney Company, according to foreign media. During its leadership, Iger made several significant acquisitions, including Pixar, Marvel, Lucasfilm and 21st Century Fox.
–
Under his leadership, a theme park in mainland China was opened and the Disney + streaming platform was established. As a result, the company has become one of the world’s most valuable brands with total assets of $ 200 billion, according to the United States weekly Newsweek.
–
At the end of the year, other senior executives of the company also announced their departure. Alan Horn, who is behind the success and integration of Marvel Studios, will leave the position after less than ten years. Disney and its president and chief creative officer of Disney Branded Television, Gary Marsh, are leaving Disney after 33 years, he said agency Reuters.
–
To date, the Walt Disney Company has held eight men as chairmen, including founder Walt Disney himself.
— .
