The Walt Disney Company Articles and News Stories


Catherine Powell, President of Disney Parks Western Region, Leaving Walt Disney Company

It is being reported that Catherine Powell, President of Disney Parks Western Region, has left the Walt Disney Company. Her position, which oversaw operations at Walt Disney World, Disneyland, and Disneyland Paris, has been eliminated. The heads of the three parks will now report directly to Bob Chapek, Chairman of Parks, Experiences and Products. Powell was with the Walt Catherine Powell, President of Disney Parks Western Region, Leaving Walt Disney Company

The Walt Disney Company is Donating at Least $1 Million to Hurricane Relief Efforts

The Walt Disney Company has announced that they will be contributing over $1 million to assist with relief efforts for those affected by Hurricane Dorian in The Bahamas. In the announcement, Chairman and CEO Bob Iger said: The Walt Disney Company stands with the people of The Bahamas affected by Hurricane Dorian.  We hope our The Walt Disney Company is Donating at Least $1 Million to Hurricane Relief Efforts

Former Disney Accountant Claims Company Has Inflated Revenue For Years

According to a former senior financial analyst for The Walt Disney Company, employees in the Parks & Resorts division overstated revenues by billions of dollars using weaknesses in their accounting software. Sandra Kuba, who worked in the revenue-operations department for 18 years, has met with officials from the Securities and Exchange Commission (SEC) and filed Former Disney Accountant Claims Company Has Inflated Revenue For Years

Walt Disney Co. 3rd Quarter Earnings Report Shows Revenue Gains, Lower Income

This afternoon, The Walt Disney Company released their earnings report for the 3rd fiscal quarter of 2019 (ending June 30, 2019), showing revenue up 33% and income down 5% over last year. Chairman and CEO Bob Iger called it one of the most “complicated” earnings reports he’s seen due to the recent acquisitions and upcoming Walt Disney Co. 3rd Quarter Earnings Report Shows Revenue Gains, Lower Income

The Walt Disney Company Achieves 100% on Disability Equality Index

At the Disability:IN conference held in Chicago this week, the 2019 Disability Equality Index (DEI) workplace scores were announced. The Walt Disney Company scored a perfect 100 percent and was acknowledged as one of the Best Places to Work for Disability Inclusion. Leonard Spencer, senior manager for Supplier Diversity for The Walt Disney Company, had The Walt Disney Company Achieves 100% on Disability Equality Index