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The Walt Disney Company has gaping holes in its leadership including the latest top executive to leave. Take a look at details here.
Changes in Jobs
There have been so many changes within the Walt Disney Company over the past year. The biggest surprise came with the exit of former Disney CEO, Bob Chapek back in November 2022.
As Bob Iger returned as Disney CEO, he announced huge job reductions. This would come with a workforce reduction of 7,000 jobs. The first round of layoffs shocked many as Disney executives were among the first to be let go.
Executives Changes
Everyone’s favorite “cutting portion sizes would be good for waistlines” CFO, Christine McCarthy, announced that The Walt Disney Company on June 30,2024.
According to Iger, she graciously offered to move into an advisory position until then to assist her successor in assuming the duties she has so expertly handled these many years.
In June, we announced HERE that Latondra Newton resigned. She served as Chief Diversity Officer for six years.
The memo states, “Since joining the company in 2017, Latondra has led the company’s strategic diversity, equity, and inclusion initiatives, including partnering with stakeholders across the enterprise to amplify stories of the world by people around the world.”
The Walt Disney Company’s Chief Financial Officer, Christine McCarthy and Chief Diversity Officer, Latondra Newton both announced they are leaving recently.
You can see other recent changes in leadership HERE.
Latest Executive Leaving
Diane Jurgen, The Walt Disney Company’s Chief Information Officer, announced recently she is leaving the company. According to the Wall Street Journal, Jurgens told colleagues she was leaving Disney “to pursue new adventures,” according to an email sent to colleagues.
With this latest top executive position open, that leaves The Walt Disney Company without a permanent Chief Financial Officer, Chief Diversity Officer, and Chief Information Officer.
What is the solution to The Walt Disney Company’s struggle to retain top positions? Please let us know in the comments and share this post with a friend.
Source: The Wall Street Journal
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Lisa
Sunday 17th of September 2023
Yes! To all of this. Disney needs to get back to what Disney used to be. This new agenda has driven us all away. We are die hard Disney fans and used to visit the park annually, traveling with our large group. No more. Disney is NOT what we want to support now.
Steve
Sunday 17th of September 2023
Walt and Roy Disney would be so disappointed in the direction the Company has taken in these last few years. Especially recently. Replace Iger!
DR
Sunday 17th of September 2023
Disney reorganization is a typical design to circle the wagons for survival mode. Disney is looking to sell off some previous acquisitions that are not as profitable (ABC and ESPN etc) and Disney is also top heavy so there is some trimming going on.
DR
Sunday 17th of September 2023
Trump knows when to file bankruptcy so he doesn't have to pay people.
Jason Schapiro
Sunday 17th of September 2023
Scrap the position of Chief Diversity Officer.