Disney just named 2 new top execs to advise on strategy and M&A as it considers its future: Read the memo [Business Insider]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: Business Insider
The moves come as the media giant faces questions about how to transform its business. Disney has appointed two senior executives to oversee corporate strategy as it considers the future of its linear business and contends with streaming losses. The media giant faces a host of questions about its future, despite a rosy Q1 earnings report that helped beat back activist investor Nelson Peltz . It's been seeking partners to take ESPN direct to consumer and has mulled selling its linear channels while facing a sagging movie business and stock price. Overhanging all of that is pressure to name a successor to CEO Bob Iger. Longtime Bain management consultant Andre James was named EVP of corporate strategy, leading long-term strategic planning and market analysis, identifying growth opportunities, and other duties. Veteran Disney exec Justin Warbrooke , meanwhile, was named EVP and head of corporate development, overseeing M&A as well as divestitures, among other areas. James ran
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News
- In Less Than a Decade, Many Boomers Won't Be Able To Retire in These Popular Places [Yahoo! Finance]Yahoo! Finance
- How my family of 6 spent nearly $9,000 on a Disney vacation — and what we'll do differently next time [Business Insider]Business Insider
- The OREO Brand collaborates with Lucasfilm to Launch New Special Edition Star Wars™ Cookie Packs [Yahoo! Finance]Yahoo! Finance
- 'Wizards of Waverly Place': First look photos of Selena Gomez, David Henrie in upcoming spinoff [USA TODAY]USA TODAY
- Disney's Hulu Buys Jim Gaffigan Special Amid New Stand-Up Comedy Push [BNN Bloomberg (Canada)]BNN Bloomberg
DIS
Earnings
- 5/7/24 - Beat
DIS
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- 5/9/24 - Form 144
- DIS's page on the SEC website