The Walt Disney Company Articles and News Stories
Disney CEO Bob Iger Sits Down with CNBC to Discuss His Return
Disney CEO Robert Iger appeared for an interview on CNBC’s Squawk on the Street Thursday morning after making several big announcements during the first quarter earnings call of 2023, one being the company’s plans to cut operating costs by laying off 7,000 people. When Iger was asked about his return to Disney, he responded by … Disney CEO Bob Iger Sits Down with CNBC to Discuss His Return
Activist Nelson Peltz Calls Off Proxy Fight with Disney
UPDATE 12:00 noon: The Walt Disney Company has issued an official statement regarding Nelson Peltz’s choice to walk away from his proxy fight. The statement is as follows: We respect and value the input of all our shareholders and we appreciate the decision by Trian Fund announced by Nelson Peltz this morning. This is a … Activist Nelson Peltz Calls Off Proxy Fight with Disney
The Walt Disney Company Announces 7,000 Job Cuts
The Walt Disney Company has just announced they are cutting operating costs to the tune of 5.5 Billion dollars which will include reducing the workforce by 7,000 jobs across the company. The company says this is a decision that was not made lightly. …[We] will be reducing our workforce by approximately 7000 jobs, while this … The Walt Disney Company Announces 7,000 Job Cuts
Disney Parks Shares Big Earnings Results from Q4
The 4th quarter shareholders call for The Walt Disney Company is happening this afternoon, and we’re getting started with sharing some of the initial financial details. Disney’s fiscal quarter ended on December 31, 2022. The official information is below. Disney Parks, Experiences and Products revenues for the quarter increased 21% to $8.7 billion and segment … Disney Parks Shares Big Earnings Results from Q4
Peltz vs. Disney Battle Heats Up As Company Pens Letter to Shareholders
The Walt Disney Company vs. Nelson Peltz battle for a seat on the board is heating up as the focus has now shifted from the board over to shareholders.
Disney Reveals 2022 FY Executive Earnings for Chapek and Iger
Deadline has reported Disney’s official numbers for top executives’ earnings in the 2022 financial year. Among the list is former CEO Bob Chapek and returning CEO Bob Iger, with the pair earning a staggering amount in financial compensation for their employment. The role of a CEO isn’t to be taken lightly; it’s a job that … Disney Reveals 2022 FY Executive Earnings for Chapek and Iger
Disney Claps Back With New SEC Filing Re: Nelson Peltz’s Wish for a Seat on the Board
Last week, Zoë laid out the details of Nelson Peltz’s proxy battle with Disney as he’s vying for a seat on the company’s board of directors. If you missed the article, head here to get caught up on the who, what, and why of Peltz and his investment management company, Trian Fund Management. As we … Disney Claps Back With New SEC Filing Re: Nelson Peltz’s Wish for a Seat on the Board
Disney Appoints Mark Parker As Chairman of the Board, Replacing Susan Arnold
The Walt Disney Company’s Chairman of the Board, Susan Arnold, is being replaced by Nike’s executive chairman, Mark Parker. Arnold’s 15-year term limit will end after the company’s next annual shareholder’s meeting, reducing the board to eleven members. While a date has not been set for this meeting, Disney’s next earnings call is scheduled for … Disney Appoints Mark Parker As Chairman of the Board, Replacing Susan Arnold
Hybrid Cast Members will be Required to be On-Site 4 Days a Week.
CEO Bob Iger rang in the new year by emailing cast members. This message announced that hybrid employees would soon be on-site four days a week.
Disney CEO Bob Iger Sends Warm Holiday Message to D23 Members
In a holiday message to D23 members, CEO Bob Iger shared a message of gratitude and excitement surrounding The Walt Disney Company’s 100th anniversary, along with a message of optimism for what lies ahead in 2023. In the message, Iger lets Disney fans know that the company will continue to do its best to exceed … Disney CEO Bob Iger Sends Warm Holiday Message to D23 Members
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