TWDC Articles and News Stories
Disney Eliminates Metaverse Division in New Restructure
News from the Wall Street Journal overnight reports that Disney has scrapped their entire Metaverse division in the latest round of cost-cutting measures. The move is part of a broader plan to improve The Walt Disney Company’s profitability by reducing employment. The division is said to have held around 50 jobs that handled metaverse, a … Disney Eliminates Metaverse Division in New Restructure
Disney Imagineer Rolly Crump Has Sadly Passed Away at Age 93
Legendary Disney Imagineer, Animator, and Designer Rolly Crump sadly passed away at the age of 93 at his home in California. Crump is well-known in the Disney community for his work on “it’s a small world,” Haunted Mansion, the Enchanted Tiki Room, and more. When “it’s a small world” moved to Disneyland in 1966, he … Disney Imagineer Rolly Crump Has Sadly Passed Away at Age 93
New Human Resources Officer Appointed at The Walt Disney Company
Robert A. Iger, Chief Executive Officer of The Walt Disney Company, announced Monday that Sonia Coleman has been named Senior Executive Vice President and Chief Human Resources Officer. Coleman has recently served as Senior Vice President, Human Resources for Disney Entertainment and ESPN, succeeding Paul Richardson, who is leaving the company after more than 15 … New Human Resources Officer Appointed at The Walt Disney Company
Disney CEO Bob Iger Shares Insight On Parks & Streaming During Morgan Stanley Tech Conference
Thursday afternoon, Bob Iger, CEO of The Walt Disney Company, participated in a Q&A session as part of the Morgan Stanley Technology, Media, and Telecom Conference. Regarding Disney’s theme parks, Iger mentioned that reducing crowding is a focus and stated, “it’s tempting to let more and more people in, but if the guest satisfaction levels … Disney CEO Bob Iger Shares Insight On Parks & Streaming During Morgan Stanley Tech Conference
Bruce Vaughn Returning to Walt Disney Imagineering as Chief Creative Officer
On Tuesday, Walt Disney Imagineering announced that Bruce Vaughn is set to return as Chief Creative Officer. Vaughn will rejoin the company on March 20, 2023, alongside Barbara Bouza, president of Walt Disney Imagineering, and the two will lead WDI. Both are direct reports to Josh D’Amaro, chairman of Disney Parks, Experiences and Products. Vaughn … Bruce Vaughn Returning to Walt Disney Imagineering as Chief Creative Officer
NBA Commissioner Adam Silver Shortlisted as New Disney CEO
Since the day Walt Disney Company CEO Bob Iger was controversially reinstated last year, all eyes have been on his revamped succession plan in the wake of the disastrous Bob Chapek era. While many names in The Walt Disney Company executive camp have been bantered around, Fox Business is now reporting a new name that … NBA Commissioner Adam Silver Shortlisted as New Disney CEO
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
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
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 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
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