Susan E. Arnold has been President--Global Business Units of Procter & Gamble since 2007. (Paul Hennessy/SOPA Images/LightRocket via Getty Images / Getty Images). Susan E. Arnold - The Walt Disney Company [4][5] In June 2022, she was recognized by the International Hospitality Institute on the Global 100 in Hospitality as one of the 100 Most Powerful People in Global Hospitality. Now theres the possibility that he could own a sports team or take on another big public role. The Board of The Walt Disney Company has been continually refreshed, with a focus on directors whose industry experience is additive to the companys strategic priorities. To a Spreadsheet or Other File Type. Send a note to coy-newsletter@nytimes.com. 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. The . Prior to that, she was Vice Chair of P&G Beauty and. She served for several years on the executive committee of Catalyst, a nonprofit organization working toward the advancement of women in business. Arnold, 67, has been the lead independent director since 2018 and has served on Disney's board since 2007. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end . In addition, she makes $393,220 as Lead Independent Director at Walt Disney Co. Mr Iger, who stepped down as Disney's chief executive in 2020 after 15 years in the role, will leave the company by the end of this month. He'll be succeeded by Susan Arnold. She was an operating . Mark Parker Named Disney Chairman, Susan Arnold Exits - Variety Deadline is a part of Penske Media Corporation. His departure marks the end of an era. It cited Igers track record in growing shareholder value as CEO and noted that the exec 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.. Former CEO and current chairman of The Walt Disney Company ( DIS) board Bob Iger is stepping down from his role at the end of this month. On Wednesday, Chapek made his first public statement against the bill at the companys annual shareholder meeting, which was dominated by talk of Dont Say Gay rather than the companys (strong) financial condition. By Prince Akoenyenu November 21, 2022. You can email the site owner to let them know you were blocked. Arnold will begin her new role Dec. 31 . Operatives infiltrated progressive groups across the West to try to manipulate politics and reshape the national electoral map. Iger has a two year contract. Since succession planning went awry last time, one thing Trian wants to make sure of is that Disney plans this next round well, according to the WSJ. - Salesforce.com on Nov. 30 said it promoted Bret Taylor to co-chief executive. Arnold, who has sat on the Mouse House's board for 14 years and who has . asks James Heskett. #Disney #BobIger #BobChapek Bob Iger strenghtens his grip on Disney by ousting Susan Arnold as Chairman of the Board, install a cronie in her place . This isnt just a Disney issue. 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 . Title. In one anti-racism training course, called Allyship for Race Consciousness, workers are taught that the US has a long history of systemic racism and transphobia and told they must take ownership of educating yourself about structural anti-black racism. FOX Business' Marisa Schultz, Andrew Murray and Adam Shaw contributed to this report. As Disney Board Chair, What Would You Advise CEO Bob Chapek Regarding Shes a 14-year board member, and her taking over for Iger is seen as a move of stability. Book Susan Arnold | Speakers Bureau | Booking Agent Info Arnold is bumping up against Disneys own corporate governance guidelines that state the board wont nominate for re-election any non-management director after completing 15 years of service. "Accordingly, management has placed the Companys assets, including its brand, reputation, and good will, at risk.". These actions provide hope that the concept of an enlightened capitalism exists and has evolved in the subconscious of corporate leaders, who have responded collectively for the common welfare in a time of crisis. Susan Arnold named chairman of the board for Walt Disney Co. Mr. Parker will also chair a newly created Succession Planning Committee of the Board, which will advise the Board on CEO succession planning, including review of internal and external candidates. 2020 Transaction Count/Amount. Changes at the top are disruptive and Disney is undergoing its own transformation. Data is a real-time snapshot *Data is delayed at least 15 minutes. edit. This is a list of The Walt Disney Company's Executive Management Team, both present and historical. 10. Its one thats bedeviling chief executives of prominent companies such as Google (Alphabet) and Nike. Disney noted that Parker will chair a newly created succession planning committee, look at internal and external candidates. FLORIDA REPUBLICANS CONDEMN 'WOKE' DISNEY, URGE MORE BOYCOTTS BY CONSERVATIVES AGAINST THE 'ACTIVIST MACHINE'. Gov. According to Forbes, Susan Arnold got her start as a brand assistant on the Dawn/Ivory Snow Group. 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. All rights reserved. On Monday, Chapek sent a memo to Disney employees stating his case for quiet diplomacy. Predecessor. Disneys in a big moment of transition. But Chapek had resisted making a public statement despite entreaties from employee groups at Disney. I can imagine one possible resolution: Companies openly embrace one side or another in the culture wars. Susan Arnold Named Disney Chairman After Bob Iger Departure - Variety The Board is nominating for re-election at the Companys Annual Meeting incumbent directors Mary T. Barra, Safra A. Catz, Amy L. Chang, Francis A. deSouza, Carolyn Everson, Michael B.G. Chapek said he called DeSantis on Wednesday to express our disappointment and concern that if legislation becomes law, it could be used to unfairly target gay, lesbian, nonbinary and transgender kids and families.. Contribution Totals. ", HERITAGE ACTION CALLS OUT DISNEY: 'IT REALLY IS A WOKE WORLD AFTER ALL'. The Walt Disney Company has appointed its first female chairperson to its board of directors.. Disney confirmed that as of Dec. 31, Susan Arnold will take over for former CEO Bob Iger as chairman of the board. Mr. Parker served as NIKEs Chairman and CEO until 2020, when he became Executive Chairman. Opinion | Disney Can't Hide From Politics - The New York Times Iger also has some potential points of agreement with the new presidentas the Disney C.E.O. susan e arnold political party Iger back on top in a Disney plot twist that few saw coming She was formerly an executive at global investment firm Carlyle. Signup for Breaking News Alerts & Newsletters. Disney appoints woman as chair for first time in 98-year history from 1999 to present. Photo by Marko Aliaksandr. She is a white, non hispanic female registered to vote in Broward County . [4][5][6], Since 2002, she has been listed on Fortune magazine's 50 Most Powerful Women in Business as #7 in 2008. Arnold has been on Disney's board for 14 years and has served as the independent lead director since 2018. View the voter registration of Susan Arnold (age 76) from Tamarac, Florida. Board Responds to Trian Partners Nomination by Recommending Shareholders vote for all of the Companys Nominees. Arnold, who was a former executive at the Carlyle Group, joined the Disney board in 2007. Disney employees, as well as outsiders, have called the bill anti-L.G.B.T.Q.+ legislation. Some of the language was heated. 2023 CNBC LLC. Hosted by Matthew Belloni and Kim Masters Dec. 10, 2021 Entertainment. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Arnold thanked Chapek for leading the company through the pandemic. Susan Arnold - Credit: dailyO. Prior to 2007, 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. Prior to that, she was President Global Business Units of Procter & Gamble from 2007 to 2009. The far-left turn by the house of Mickey Mouse has led to sky-high tensions, but staffers are terrified about speaking out against the ideology, multiple employees told City-Journal. The WSJ said Trian execs met with Disney brass, including Iger and CFO Christine McCarthy, Tuesday in an attempt to come to an agreement and avoid a proxy battle, and that Arnold called Peltz this morning to offer him a role as a board observer and ask him to sign a standstill agreement, which he declined. She was a director of McDonalds Corporation from 2008 to 2016, and was a director of NBTY, Inc. from 2013 to 2017. During his years at Disney, Iger saw the acquisitions of Pixar, Marvel, Lucasfilm and Fox. Bob Chapek, the current CEO of the company, came from consumer products and theme parks, rather than creative programming. The article describes an environment in which some Disney employees allegedly found themselves "the target of scrutiny and likely termination" if they spoke out against Disney's political stances. Arnold is a 14-year member of the Disney . Under him, the behemoth acquired Pixar . Its self-hatred, Rufo said Friday on Fox News Tucker Carlson Tonight., A Disney spokesperson told The Post Saturday that the internal documents are being deliberately distorted as reflective of company policy., In fact their purpose was to allow diversity of thought and discussion on the incredibly complex and challenging issues of race and discrimination that we as a society and companies nationwide are facing, the company said, noting its long history of inclusivity with stories that reflect acceptance and tolerance and celebrate peoples differences.. Conservative legal group accuses Disney of violating civil rights A backlash among Disney's senior executives grew to the point it reached the company's board. 4. Ms. Arnold owns over 8,400 units of Walt Disney Co stock worth over $4,102,492 and over the last 19 years she sold DIS stock worth over $1,493,100. Disney appoints woman as chair for first time in 98-year history Bob Iger completes Disney takeover, outs Susan Arnold feat. Kamran She has stepped back from her private equity job, which is a step better than Twitter (TWTR.N). Arnold is leaving her position as operating executive at the Carlyle Group (CG.O) as she steps up to lead the Disney board. -. Susan Arnold to succeed Bob Iger as Disney chairman - New York Post Disney Board Member Susan Arnold To Succeed Bob Iger As - Yahoo! When is Eurovision and how do you get tickets? Mr. Igers mandate is to use his two-year term and depth of experience in the industry to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity while bringing a renewed focus on the creative talent that has made The Walt Disney Company the envy of the industry. Our Standards: The Thomson Reuters Trust Principles. The entrance to Disney World in Orlando, Florida. In February 2021, the research company Gartner did a survey of 3,000 workers that found 68 percent would consider quitting their current job and working with an organization with a stronger viewpoint on the social issues that matter most to them. American businessperson, an operating executive of The Carlyle Group, and chair of the Walt Disney Company. Dec 1 (Reuters) - Walt Disney Co (DIS.N) on Wednesday tapped Susan Arnold as its chairman of the board, the first woman to be named to the role in the entertainment company's 98-year-long history . Currently, Susan E. Arnold is Chairman at The Walt Disney Co. Betty Arnold (Democratic Party) is a member of the Kansas State Board of Education, representing District 8.Arnold assumed office on January 12, 2021. Quotes displayed in real-time or delayed by at least 15 minutes. Your IP: She's also been a director at McDonald's . Today, Disneys directors bring experience across a relevant range of disciplines, including brand, marketing and retail, direct-to-consumer expertise, and technology and innovation. Among measures to be voted on, Trianon also wants Disney to amend its bylayws. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. She worked almost 30 years at Procter & Gamble and also spent time in the world of private equity. Susan Arnold - $10,118 in Political Contributions for 2004 Walt Disney Co. said Susan Arnold will take the reins from Bob Iger as chairman of the board at the entertainment giant. Anyone can read what you share. Includes location, related records, political party, and more. Susan E. Arnold has been President--Global Business Units of Procter & Gamble since 2007. Earlier today, the Walt Disney Company Board of Directors elected Susan Arnold as Chairman of the Board. The average tenure of the current Board is four years, with three directors serving fewer than two years, and in addition the Board is led by an independent chairman. Performance & security by Cloudflare. Harry: I always felt different to rest of family, Chris Rock talks Oscars slap in live Netflix show, Everything Everywhere wins big ahead of Oscars, PM to end asylum claims from small boat arrivals, US-made cheese can be called 'gruyere' - court, Mbappe breaks PSG goal record in win over Nantes. "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. The $260 billion media giant named Susan Arnold on Wednesday as its next chairperson to succeed Bob Iger. The move comes as the company faces a proxy fight with an influential activist shareholder. Chairman of the Board. Arnold thanked Chapek for leading the company through the pandemic. As a subscriber, you have 10 gift articles to give each month. She retired from Procter & Gamble on September 1, 2009. The more a company does, the more it is expected to do. The move takes . That stands in contrast to Twitter, which on Monday elected read more Bret Taylor as its chairperson. Disney is replacing Bob Iger, who will soon wrap up his decades-long tenure at the company, with Susan Arnold as chairman of the board. 1 He will be replaced by Susan Arnoldwho has been . Read about our approach to external linking. Disney Elects Susan Arnold Chairman of the Board of Directors Disney extends Bob Chapek's contract despite controversial tenure Naked man claiming to have bomb causes 8-hour traffic jam Canadian teacher with size-Z prosthetic breasts placed on paid leave, Buster Murdaugh got 'very drunk' with dad 2 months after mom, brother murdered: source, I'm a professional cleaner ditch these 4 household products immediately, Tom Sandoval speaks out on Raquel Leviss affair: I deserve your anger, Shoeless Ariana Madix awkwardly tries to avoid cheating Tom Sandoval, Prince Harry was scared to lose Meghan Markle after fight that led to therapy, Memphis Grizzlies star Ja Morant allegedly flashes gun at a strip club, Tom Sizemore And The Dangerous Burden of Desperation, Ariana Madix, Tom Sandoval have awkward moment amid cheating scandal. Walt Disney Co. named former Carlyle Group executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from. 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. Arnold thanked Chapek for leading the company through the pandemic. "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. They Were Secretly Conservative Spies. NEW YORK, Dec 2 (Reuters Breakingviews) - Walt Disney (DIS.N) has finally found its new board leader. DeSantis signed the bill, which bars instruction on sexual orientation or gender identity in kindergarten through third grade, into law last week. political party, a group of persons organized to acquire and exercise political power. Walt Disney Co. named former Carlyle Group executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from the company. The Walt Disney Company has had a long-term track record of financial and creative success, built on the ability to leverage its rich intellectual property and unparalleled storytelling across its many businesses, from theatrical, streaming and linear broadcast to parks and resorts, and one of the most resonant names in sports, ESPN. Dec. 1, 2021 Updated 2:18 PM PT. Get our latest storiesin the feed of your favorite networks. Igers transition from boss and chairperson has been in the works at least since February 2020, when Chapek replaced Iger as chief executive. 2018 Transaction Count/Amount. The industry leader for online information for tax, accounting and finance professionals. Disney names Susan Arnold as its first woman chair | Reuters 38/$4,515. On Twitter one person compared the Florida bill to the Nuremberg race laws enacted in Nazi Germany. This story has been shared 123,414 times. The Walt Disney Company has a big problem. A Disney director for the past seven-years and Executive Chairman of Nike as well, he will succeed Susan E. Arnold, who will not stand for re-election as per the 15-year term limit under Disneys Board Tenure Policy. 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. BREAKING: Mark Parker Named New Disney Chairman, Succeeding Susan Arnold. When Bob Iger officially leaves Disney at the end of the year, hell be succeeded by Susan Arnold, the first woman and first openly gay person to lead the Disney board of directors. All Rights Reserved. "Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity, and expert judgment have been invaluable to the company since she first joined the Board in 2007," Mr Iger said. She was listed multiple times on the Forbes list of The World's Most Powerful Women and in 2005 she was #16 on Forbes' The World's 100 Most Powerful Women list. She was an operating executive at The Carlyle Group until this year. Walt Disney has elected a woman to chair its board for the first time in the entertainment giant's 98-year history. 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. The great irony of this is that the people who are in charge of Disney are some of the richest and most powerful and privileged white males in the history of humanity and they are pushing this divisive, critical race theory based ideology as corporate dogma and the only end of this is division. Iger back on top in a Disney plot twist that few saw coming There was talk of him serving as ambassador to China, but that never came to be. While senior leadership of The Walt Disney Company and its Board of Directors have engaged with Mr. Peltz numerous times over the last few months, the Board does not endorse the Trian Group nominee, and recommends that shareholders not support its nominee, and instead vote FOR all the Companys nominees (noted above). Signs Your Body Is Fighting A Virus, Harmon Killebrew Family Tree, Food Hampers Northern Ireland, Articles S
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