Subscribe to Deadline Breaking News Alerts and keep your inbox happy. https://www.nytimes.com/2022/03/11/opinion/disney-florida-lgbtq.html, Illustration by The New York Times; Photography by johnnylemonseed, and OpThailand via Getty Images. Read about our approach to external linking. On Monday, Chapek sent a memo to Disney employees stating his case for quiet diplomacy. When Bob Iger officially leaves Disney at the end of . Ron DeSantis speaks at a press conference at the Eau Gallie High School aviation hangar in Melbourne, Florida, on March 22. "The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period," Susan Arnold, Disney's chairman, said in a prepared statement. Market data provided byFactset. Arnold thanked Chapek for leading the company through the pandemic. In 2004 and 2005, she was listed on the Wall Street Journal's 50 Women to Watch. But Disneys appointment could have been more thoughtful. The $260 billion media giant named Susan Arnold on Wednesday as its next chairperson to succeed Bob Iger. What's the least amount of exercise we can get away with? And so on. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens, Prolific Actor Dies At 61 After Aneurysm; Hollywood Reax + Career In Photos, Eyes $51M+ Opening In U.S., A Record For Rocky Spinoff Franchise & Amazon, SAG-AFTRA And Casting Directors Weigh In On Self-Tape Controversy, Oscar Winner Guillermo del Toro On The Films That Lit His Fuse. 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., Said Mr. Parker: I am honored to have the opportunity to serve as Disneys Chairman, and I look forward to working closely with Bob and his management team on a strategy of growth that balances investment with profitability, while preserving Disneys core mission of creative excellence, to deliver shareholder value. (Paul Hennessy/SOPA Images/LightRocket via Getty Images / Getty Images). Susan Arnold (Q535362) Susan Arnold. Chapek also engaged in a public battle with "Black Widow" star Scarlett Johansson, who sued the company over "breach of contract" after it decided to release the Marvel film on Disney+ the same day it hit theaters.Johansson and Disney eventually settled.. More recently, Chapek found himself in the political crossfire of Florida Governor Ron DeSantis, who revoked the company's special tax . Froman, Robert A. Iger, Maria Elena Lagomasino, Calvin R. McDonald, Mark G. Parker and Derica W. Rice. 10. Click to reveal Disney is not what it was when Bob Iger left. Does he have the magic Iger, a former weatherman, joined the TV broadcast network ABC in 1974, where he developed iconic American TV shows, such as "America's Funniest Home Videos" and "Home Improvement," and helped in creating "Who Wants to Be a Millionaire.". The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. -. from 1999 to present. Susan Arnold Young, Education, Political Party, Movies. There was talk of him serving as ambassador to China, but that never came to be. That puts her well above the average tenure of directors at companies in the S&P 500 Index, which stands at nearly 8 years, according to executive search firm Spencer Stuart. Today, Disneys directors bring experience across a relevant range of disciplines, including brand, marketing and retail, direct-to-consumer expertise, and technology and innovation. Iger was Disney's public face for 15 years as chief executive before handing the job off to Chapek in 2020, a stretch in which he compiled a string of victories lauded in the entertainment . Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob Iger at the end of this year. A conservative legal group set up by former Trump adviser Stephen Miller on Tuesday sent a letter to The Walt Disney Company Chair Susan Arnold accusing company executives of choosing to . Prior to that, she was Vice Chair of P&G Beauty and Health from 2006, Vice Chair of P&G Beauty from 2004 and President Global Personal Beauty Care and Global Feminine Care from 2002. Mr. Iger has already taken decisive steps to realign content creation and distribution, and reposition Disneys streaming platforms and linear broadcast and cable networks for enhanced profitability for the Company. It can decide to fight the addition of 1 qualified Board member, OR work together with Trian to create sustainable, long-term value at Disney., We believe that current investor sentiment on Disney is low, reflecting the hard truth that Disney is a company in crisis and faces many challenges that weigh on the Companys investment prospects., While we acknowledge that Disney, like many media companies, is undergoing a challenging pivot to streaming, we believe that many of the Companys current problems are self-inflicted and need to be addressed Trian believes that it is well positioned to facilitate positive change at Disney given our experience investing in and serving on the board of directors of blue-chip companies, and working collaboratively with management teams and boards to optimize corporate governance, strategy, operations and capital allocation., Mark Parker is an incredibly well-respected leader who over seven years as a Disney director has helped the Company effectively navigate through a time of unprecedented change, Arnold said. Susan Arnold Named Chairman of the Board of the Walt Disney Company Susan Arnold - Wikipedia What guidance should Disney Chairman Susan Arnold provide to Bob Chapek? Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Title. And Ive continually gotten the unspoken answer: no, the employee told the outlet. Critics have depicted the legislation as hurtful to LGBTQ inclusiveness and dubbed it the "Don't Say Gay" bill. That it has taken so long to officially elect the former private equity executive as chairperson signals a bumpy process to clear a low bar. Data is a real-time snapshot *Data is delayed at least 15 minutes. [4][5][6], Since 2002, she has been listed on Fortune magazine's 50 Most Powerful Women in Business as #7 in 2008. susan e arnold political party noted on a politically optimistic earnings call two days after the election, he supports closing tax . She retired from Procter & Gamble on September 1, 2009. When Disney Decided to Dump its CEO, the Change Happened Fast FAQ - New Privacy Policy, New York Posts Karol Markowicz discusses how Disney is pushing back against Floridas parental rights bill and how she is quitting the park on Fox Business Tonight., FIRST ON FOX: A conservative legal group set up by former Trump adviser Stephen Miller on Tuesday sent a letter to The Walt Disney Company Chair Susan Arnold accusing company executives of choosing to "discriminate," "alienate the Companys core customers" and even "violate the law.". Susan Arnold had been named as chairperson of the board of the Walt Disney Company - Get Free Report replacing Robert Iger, effective December 31, 2021. Susan Arnold Profiles | Facebook What science tells us about the afterlife. Arnold thanked Chapek for leading the company through the pandemic. According to Forbes, Susan Arnold got her start as a brand assistant on the Dawn/Ivory Snow Group. Sabado Domingo on Twitter: "@WDWNT Oh no. Another wokester." / Twitter Operatives infiltrated progressive groups across the West to try to manipulate politics and reshape the national electoral map. The Company expects to file preliminary materials with respect to the 2023 Annual Meeting of Stockholders shortly and looks forward to communicating with its stockholders once definitive proxy materials are available. This is a list of The Walt Disney Company's Executive Management Team, both present and historical. "We believe there is little doubt that investors will applaud this move," wrote Citi analyst Jason Bazinet. Disney employs many high-profile LGBTQ+ rights advocates both behind and in front of the camera, and its board is led by a gay woman, Susan Arnold, who succeeded Iger as chairman in December. Disney names Susan Arnold as board chair, replacing Bob Iger - CNBC - Walt Disney said on Dec. 1 the board elected Susan Arnold who will replace Bob Iger as chairperson of Disneys board. Iger back on top in a Disney plot twist that few saw coming Susan E. Arnold, a 14-year member of the Walt Disney Co.'s board of directors, will take the helm as board chairman, effective 31, the company announced Wednesday. "The Street likes Mr. Iger almost as much . susan arnold disney political party. 2023 NYP Holdings, Inc. All Rights Reserved, Disney may sell its 67% stake in Hulu to buy more Marvel rights: analyst, Critics slam woke live-action Peter Pan trailer, How the rich do Disney and its nothing like us commoners, Jude Law as Captain Hook in Peter Pan & Wendy triggers backlash. By subscribing, I agree to the Terms of Use and Privacy Policy. Disney is putting an emphasis on growing its streaming video product Disney+, which is already hitting a slowdown in subscribers. Disney is pushing critical race theory on employees through a new plan called Reimagine Tomorrow, urging workers to recognize their white privilege, in a battery of training modules on topics such as systemic racism and white fragility, according to internal documents obtained by City-Journals Christopher Rufo. Susan Arnold to succeed Bob Iger as Disney chairman - New York Post Trust in Congress is decreasing. Prior to that, she was Vice Chair of P&G Beauty and. Susan Arnold will succeed Bob Iger as the next Disney chairman. [2], She is an operating executive of The Carlyle Group, since September 2013. I attended several [training sessions] at the beginning just to see what the temperature of the discussion would be and to gauge if I would be able to bring up my own objections in a safe waysafe meaning for my career. Advertisement. NEW YORK, Dec 2 (Reuters Breakingviews) - Walt Disney (DIS.N) has finally found its new board leader. Facebook gives people the power to. Disneys said its board has elected Mark Parker chairman, effective following the annual meeting of shareholders. Walt Disney Co. has announced that Susan E. Arnold will succeed Robert Iger as chairman of the board, the first time a woman has held the position at the company, effective December 31st. BURBANK, Calif., December 1, 2021The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Parker's appointment is Mutual Fund and ETF data provided byRefinitiv Lipper. "Our goal as a company is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national and state organizations working to achieve that. Iger back on top in a Disney plot twist that few saw coming [11][12] She was elected chair on December 31, 2021. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. She was an operating executive at The Carlyle Group until this year. Susan Arnold, a veteran of consumer-products giant Procter & Gamble as well as the Carlyle Group investment firm, will take the reins as chairman of Walt Disney Co.'s board of directors .