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Disney’s Restructuring

Benzinga

6 Views • Nov 22, 2022

Description

In Bob Iger’s first move back at Walt Disney ($DIS@US), the returning CEO removed Kareem Daniel, who was head of media and entertainment, and announced a restructuring in a memo to company employees. Iger is restructuring Disney Media & Entertainment Distribution, one of the company’s business segments, which resulted in Daniel’s departure. Iger stated that “new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs.”

Keywords & Tags

#business #CEO #employees #theme parks #entertainment #TV #Walt Disney #Bob Iger #returning CEO #Kareem Daniel #media and entertainment #Disney Media Entertainment Distribution #live-action films #television #Disney Channel

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