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Stock impact report

Kim Godwin is out as ABC News president [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
The Walt Disney Co.-owned network announced Godwin's departure Sunday in a memo from Debra OConne, president, News Group and Networks. Godwin joined ABC in May 2021 from CBS News, where she was an executive vice president and oversaw its diversity efforts. OConnell said she will oversee the news division “for the time being.” Godwin signed a new deal with ABC in February, when the company put her division under OConnell , a veteran Disney executive. The move put a layer between Godwin and top leadership at Disney, never a good sign for an executive's future at the Burbank-based entertainment company. She had been reporting to Dana Walden, co-chairman of Disney Entertainment. “I understood and appreciated the profound significance of being the first Black woman to lead a national broadcast news network when I accepted the role as president of ABC News a little over three years ago,” Godwin said in a note to staff that was shared with the Times. “It's both a privilege and a debt Show less Read more
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