The Walt Disney Company Articles and News Stories
Disney Executive Chairman Bob Iger Named to California Economic Task Force
Bob Iger, Executive Chairman for The Walt Disney Company, has been named by California Governor Gavin Newsom to an 80-person task force that is being charged with developing economic strategies to aid in the recovery caused by the coronavirus pandemic. Iger is joined on the panel by several other well known executives, including Apple CEO … Disney Executive Chairman Bob Iger Named to California Economic Task Force
Bob Chapek Elected to The Walt Disney Company Board of Directors
The Walt Disney Company has added CEO Bob Chapek to its board of directors. In a joint statement, Susan Arnold, independent lead director of the board, and Bob Iger, Disney executive chairman, said: “Bob Chapek has demonstrated remarkable leadership in the face of unprecedented challenges that were unimaginable when he became CEO just seven weeks … Bob Chapek Elected to The Walt Disney Company Board of Directors
The Walt Disney Company Signs Additional $5 Billion Credit Agreement
In an attempt to strengthen their liquidity, The Walt Disney Company has entered into another credit agreement for $5 billion, which gives the company up to $13 billion in credit should it be needed. The 364-day credit agreement with Citibank matures April 9, 2021, but can be extended with approval from the lender. This is … The Walt Disney Company Signs Additional $5 Billion Credit Agreement
Bob Iger Retakes Some CEO Duties During a ‘Crisis of This Magnitude’
According to the New York Times, less than two months after stepping down and handing over the reins of The Walt Disney Company to Bob Chapek, former CEO Bob Iger has stepped back in to some of those duties. That article says that, “Mr. Iger has effectively returned to running the company. After a few … Bob Iger Retakes Some CEO Duties During a ‘Crisis of This Magnitude’
Disney Parks Donates 150K Ponchos & 100K N-95 Masks to Hospitals in Need
The theme parks and Resort hotels at both Disneyland and Walt Disney World have been closed since the middle of March and ever since then, Disney Parks has provided nearly $3M in in-kind donations benefitting communities around the world. From donating excess food from the theme parks to offering a special promotion to guests whose … Disney Parks Donates 150K Ponchos & 100K N-95 Masks to Hospitals in Need
Disney Names Bob Chapek New CEO, Replacing Bob Iger Immediately
The Walt Disney Company just announced that Bob Chapek will replace Bob Iger as Chief Executive Office effective immediately. Chapek had been the Chairman of Disney Parks, Experiences, and Products, and is a 27-year veteran of the company. Iger will become the Executive Chairman until his current contract expires at the end of 2021, providing … Disney Names Bob Chapek New CEO, Replacing Bob Iger Immediately
My Hopes for Walt Disney World in 2020
With a new year and a new decade recently begun, I thought it’d be apt to talk about hopes for the coming year. It’s an important year for Disney as a whole given the recent launch of Disney+, and, following the conclusion of recent film arcs, whether or not they can keep the magic of the … My Hopes for Walt Disney World in 2020
The Walt Disney Company 1st Quarter Earnings Show Fiscal 2020 is Off to a Good Start
Tuesday afternoon, The Walt Disney Company released their earnings report for the 1st fiscal quarter of 2020 (ending December 28, 2019), showing revenue up 36% and income up 9% over last year for the quarter. Diluted earnings per share, however, decreased 37%. Chairman and Chief Executive Officer Bob Iger said in a written statement, “We … The Walt Disney Company 1st Quarter Earnings Show Fiscal 2020 is Off to a Good Start
Disney Named One of the “World’s Most Admired Companies” for 2020 by Fortune
The Walt Disney Company has just been recognized among the “World’s Most Admired Companies” on Fortune’s annual list for 2020. Disney was featured in the February issue of the publication, as well as on Fortune.com today. Disney is ranked at number 4 overall for the second consecutive year. The company has held the top spot … Disney Named One of the “World’s Most Admired Companies” for 2020 by Fortune
Disney Moves Away from Fox Brand; Studios Now 20th Century Studios and Searchlight Pictures
In a move that insiders reportedly characterized as “rather inevitable,” The Walt Disney Company has decided to drop the “Fox” branding from its 21st Century Fox properties, 20th Century Fox and Fox Searchlight Pictures studios. The Walt Disney Company acquired the 21st Century Fox properties, including 20th Century Fox and Fox Searchlight Pictures, for $71.3 … Disney Moves Away from Fox Brand; Studios Now 20th Century Studios and Searchlight Pictures
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