Susan Arnold becomes Disney’s first woman chairman in its 98-year history

-


Susan Arnold becomes Disney’s first woman chairman in its 98-year history

Bob Iger steps down, passing the mantle to Susan Arnold, who has been a Disney board member for the past 14 years

It has been 98 years since The Walt Disney Company came into existence. And now, just short of a couple years to a century, the company will have a woman as its chairman.

With Bob Iger stepping down as chairman, the mantle is being passed on to Susan Arnold, who has been serving as a board member at Disney for the past 14 years.

It may be recalled that Iger stepped down as Disney's chief executive in 2020 after serving 15 years. He will leave the company by the end of this month. And that is when Susan Arnold will step in as new chief.

Susan Arnold credited with a chequered career

A former executive at Carlyle, a global investment firm, Arnold has been quoted by a company statement saying that as she steps into the new role as chairman of the board, she “looks forward to continuing to serve the long-term interests of Disney's shareholders and working closely with CEO Bob Chapek as he builds upon the company's century-long legacy of creative excellence and innovation."

https://twitter.com/WaltDisneyCo/status/1466172649281781760

Susan Arnold has had a chequered career working with some of the largest corporations in the US. Prior to her stint at Carlyle, she had held leadership positions at companies of the likes of Procter and Gamble and McDonald's.

Meanwhile, a look at Bob Iger’s contribution at Disney would be significant. His stepping down would mean the end of a great era for Disney, as he is credited with leading the company towards a clutch of fresh acquisitions.

Disney owes much to Iger

Iger as chief executive at The Walt Disney Company had overseen takeovers of major players in the entertainment arena, and they include Pixar, Marvel, Lucasfilm, 21st Century Fox.

Further as chief executive, Iger effectively steered Disney’s big foray into mainland China happen in 2016, when the company opened its first theme park and resort - Shanghai Disney Resort - in the Asian nation.

Iger leaves the organisation after a slew of record-setting films such as Marvel’s Avengers: Endgame, Disney’s Frozen and Frozen 2, and Marvel’s Black Panther were released and are still applauded.





https://www.digpu.com/business-and-finance/susan-arnold-disney-chairman

Comments

Post a Comment

Popular posts from this blog

Lathi Charge: A legalised method of police brutality

-
Image
"Every blow on our bodies this afternoon is like a nail driven into the coffin of British imperialism." These were the precise words of Sher-e-Punjab Lala Lajpat Rai when he got brutally " lathi-charged " by the law enforcers of Colonial India while he was protesting against the Simon Commission in October 1928.  Punjab Kesari Lajpat Rai eventually succumbed to his injuries, and his death gave off the spark for vengeance in the heart of numerous Indian revolutionaries. In December 1928, Shahid-e-Azam Bhagat Singh and his compatriot Shivam Rajguru assassinated the Lahore Assistant Superintendent of Police (ASP) John Saunders to avenge the murder of their mentor. "Lathi-Charge" has remained one of the most brutal and sensitive issues for Indians since the bygone days of the Indian National Movement. Thus, even after 75 years of liberation, India and her children continue to writhe under pain brought on by police brutality and paranoia. Both the Indian Penal
Read more

Recruitment Scams and Paper Leaks in India: How the deserving youth of India is getting smothered under an obsolete system

-
Image
" India is an over populous country. " This statement is hardly news to anyone, but very few of us know that the average age of an Indian is just 29 years old. Hence, India is a fairly young country with a strong demographic dividend. However, the ambitions and dreams of millions of Indians lie stranded despite their ability and competence. Each new year brings fresh new hopes for millions of aspirants. These young people have expressed their strong will by deciding to dedicate the prime of their youth to preparing for numerous government examinations. In a country where social class divisions continue to be a notable phenomenon in determining one's future, Government jobs and recruitments offer the only genuine means for attaining an egalitarian society. Today, even this little scope for upliftment gets marred under the evils of Paper leaks and Recruitment scams. The problem of the youth, in essence, is the problem of the nation, and it is high time we illustrated the gr
Read more

Hilton Launches New Brand, Signia Hilton, Delivering Sophisticated Travel While Reimagining Meetings and Events

-
Image
Signature dining, design-forward guest rooms and premium wellness amenities elevate business and leisure travel at Hilton’s premier meetings and events brand Hilton  (NYSE: HLT) today announced the launch of Signia Hilton, its dynamic, new meetings-and-events-focused brand. The portfolio of hotels is setting out to transform the industry for meeting professionals and sophisticated business travellers by infusing state-of-the-art technology and design into every aspect of the guest experience. The brand further reinforces Hilton’s commitment to innovation that meets the evolving needs of today’s travelers and will bring premium experiences to top urban and resort destinations around the world. “In our 100th year of hospitality, we are more focused than ever on providing exceptional experiences to all of our guests – and that includes evolving those experiences to meet their changing needs,” said Christopher J. Nassetta, president and CEO, Hilton. “We are proud to launch Signia
Read more