Hell be succeeded by Susan Arnold. Do Not Sell or Share My Personal Information. But Disneys appointment could have been more thoughtful. Disney gets it first female board chair in 98 years - Fast Company "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 . Susan Arnold to succeed Bob Iger as Disney chairman - New York Post . susan arnold disney political party. Disneys said its board has elected Mark Parker chairman, effective following the annual meeting of shareholders. Among measures to be voted on, Trianon also wants Disney to amend its bylayws. 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. Photo by Marko Aliaksandr. susan arnold disney political party. "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. She has also served in senior roles at some of America's biggest companies. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. In addition, she makes $393,220 as Lead Independent Director at Walt Disney Co. Susan E. Arnold was formerly an operating executive of The Carlyle Group, an equity investment firm. NEW YORK, Dec 2 (Reuters Breakingviews) - Walt Disney (DIS.N) has finally found its new board leader. [4][5][6], Since 2002, she has been listed on Fortune magazine's 50 Most Powerful Women in Business as #7 in 2008. 3 min read. Disney Board Member Susan Arnold To Succeed Bob Iger As - Yahoo! 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. Instead, they are often weaponized by one side or the other to further divide and inflame. The C.E.O.s who say something but then follow it up with a real resource commitment and explain why theyre doing it employees that agree are engaged and excited, Kropp said. She was an operating . Language. Disney Faces Proxy Fight as Peltz Pushes to Join Board Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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 . And it fired Mandalorian actress Gina Carano in February after she made what were considered right-wing comments on social media. Made in L.A. Streaming music, news & culture from KCRW Santa Monica, Live streaming music, news & culture from KCRW Santa Monica. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens, Prolific Actor Dies At 61 After Aneurysm; Hollywood Reax + Career In Photos, Eyes $51M+ Opening In U.S., A Record For Rocky Spinoff Franchise & Amazon, SAG-AFTRA And Casting Directors Weigh In On Self-Tape Controversy, Oscar Winner Guillermo del Toro On The Films That Lit His Fuse. but a. Disney, Donald Trump, and the Dilemma of the Democrat C.E.O. Title. While Chapek is a long-time Disney executive, hes new to the corner office and his leadership will be tested by challenges. In 2004 she became Vice Chairman of Procter & Gamble and President of the company in 2007. At the same time, it is the top priority of mine and the Boards to identify and prepare a successful CEO successor, and that process has already begun.. Ron DeSantis' new Parental Rights in Education law because the company is dedicated to standing up for the rights and safety of the LGBTQ+ community. Disney Names Susan Arnold Chairman as Iger Nears Departure Susan Arnold Young, Education, Political Party, Movies - ABTC (Unsplash/Brian McGowan) Early in 2022, Bob Chapek, CEO of The Walt Disney Companyone of Florida's largest employers with roughly 80,000 employeesand taxpayers, had reason to be satisfied with the company's performance, having just . I talked with two experts about how Chapek and other chief executives should act in this challenging new environment. Walt Disney Co. has named longtime board member Susan Arnold as its new chair to replace Bob Iger when he leaves the company at the . The industry leader for online information for tax, accounting and finance professionals. Arnold is a 14-year member of the Disney . Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. It states that "classroom instruction by school personnel or third parties on sexual orientation or gender identity may not occur in kindergarten through grade 3 or in a manner that is not age appropriate or developmentally appropriate for students in accordance with state standards.". His attempt to keep out of the spotlight had failed. 2023 KCRW All Rights Reserved. Susan Arnold . But it keeps getting dragged into politics, often by employees who tend to be liberal and want the company to reflect their values. Ms. Arnold has been a Director of the Company since 2007 and was elected as Chairman of the Board as of December 31, 2021. It wants to be loved by everybody: Massachusetts liberals and Mississippi conservatives, Muslims in Saudi Arabia and atheists in China. ', Last edited on 16 February 2023, at 11:27, "Susan E Arnold, Walt Disney Co: Profile and Biography - Bloomberg Markets", "Susan Arnold Named Chairman of the Board of The Walt Disney Company, Effective December 31", "The Walt Disney Company - Susan Arnold Biography", "Susan Arnold, The Most Powerful Women - Forbes.com", "The Walt Disney Company - News from the Disney Board - May 01, 2007", "Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality", "Disney names Susan Arnold as board chair, replacing Bob Iger", "Disney appoints woman as chair for first time in 98-year history", "Susan Arnold: After 98 years, Walt Disney gets first woman chair", "Disney Appoints Mark Parker As Chairman of the Board, Replacing Susan Arnold", https://en.wikipedia.org/w/index.php?title=Susan_Arnold&oldid=1139689950, This page was last edited on 16 February 2023, at 11:27. Susan Arnold will succeed Bob Iger as the next Disney chairman. Iger struck a reassuring tone in his first email to staff on . Arnold, who has sat on the Mouse House's board for 14 years and who has . 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. Opinions expressed are those of the author. Earlier today, the Walt Disney Company Board of Directors elected Susan Arnold as Chairman of the Board. During his four decades at NIKE, Mark has led one of the worlds most recognized consumer brands through various market evolutions and a successful CEO transition, and he is uniquely positioned to chair the Disney Board during this period of transformation., Mark Parkers vision, incredible depth of experience and wise counsel have been invaluable to Disney, and I look forward to continuing working with him in his new role, along with our other directors, as we chart the future course for this amazing company, said Robert A. Iger, Chief Executive Officer, The Walt Disney Company. Shes a 14-year board member, and her taking over for Iger is seen as a move of stability. If anything it made Disney more vulnerable because employees and other stakeholders expected the company to live up to its own expressed values. Several other Disney executives have announced plans to leave by the end of this year, including studios head Alan Horn, president and chief creative officer of Disney Branded Television Gary Marsh and company general counsel Alan Braverman. Do you know this baby? The Walt Disney Company Board has continued to evolve to ensure it has the right combination of backgrounds, skill sets and perspectives to guide the Company into the future. Read about our approach to external linking. 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. The Walt Disney Company. Who Is Disney Board Chair Susan Arnold? - TheStreet Arnold has been on Disney's board for 14 years and has served as the independent lead director since 2018. political party, a group of persons organized to acquire and exercise political power. He'll be succeeded by Susan Arnold. Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob Iger at the end of this year. 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. Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob . She had joined Procter & Gamble in 1980 and held several management and marketing positions before becoming the manager of Procter & Gamble's cosmetics business in Canada in 1990. By Ryan Faughnder Staff Writer. Susan Arnold to Succeed Bob Iger as Disney Chairman Susan ArnoldPolitical Campaign Contributions2004 Election Cycle. Marc Gunther, 'Queer Inc.: How Corporate America fell in love with gays and lesbians. Bob Iger return puts Disney on collision course with Ron DeSantis Disney catches it from all sides over Florida's 'don't say gay' bill Ant Man gets poor reviews. Walt Disney has named a new chairman of the board, and indicated its also in for a proxy fight as Nelson Peltz Trian Group seeks a directors seat for the activist investor in opposition to the companys slate. Susan E. Arnold graduated from the University of Pennsylvania with a Bachelor of Arts degree, and from the University of Pittsburgh with a Master of Business Administration degree. Arnold's election will be effective December 31, 2021, when Bob Iger formally steps down as chairman - a position he has held since 2012. 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. Walt Disney Co. has announced that Susan E. Arnold will succeed Robert Iger as chairman of the board, the first time a woman has held the position at the company, effective December 31st. The Florida Legislature passed the bill on Tuesday despite Disneys behind-the-scenes work. from 1999 to present. 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 . Iger back on top in a Disney plot twist that few saw coming Read about our approach to external linking. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The Walt Disney Company has a big problem. Weve already seen that happen a bit. Chris Palmeri reports. Disney is pushing critical race theory on employees through a new plan called Reimagine Tomorrow, urging workers to recognize their white privilege, in a battery of training modules on topics such as systemic racism and white fragility, according to internal documents obtained by City-Journals Christopher Rufo. Gov. "We believe there is little doubt that investors will applaud this move," wrote Citi analyst Jason Bazinet. Susan Arnold is an American business executive and chairwoman of Walt Disney. 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. 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. Disney urged shareholders to vote against Peltz and named current board member Mark Parker as its chairman. James Smith. 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). By Prince Akoenyenu November 21, 2022. The change will take effect after the company's annual shareholder meeting. 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. One C.E.O. Susan Arnold (age 76) is listed at 7860 Exeter Blvd E Apt 202 Tamarac, Fl 33321-8797 and has no political party affiliation. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The tensions seem to be intensifying. Rhiza Dizon, 'Sears or Playboy May Get Gay CEO'. Physics is the law, everything else is a recommendation.. Facebook gives people the power to. Arnold has been on Disney's board for 14 years and has served as the independent lead director since 2018. Under him, the behemoth acquired Pixar . Disney appoints its first female board chair : NPR Susan Arnold Biography. American First Legal (AFL) senior counselor Reed Rubinstein argues in a letter written on behalf of "concerned shareholders and customers of" Disney that the company's management "may be" in violation of Title VII of the Civil Rights Act; Florida's Civil Rights Act; and California Labor Code sections 1101 and 1102. She is a white, non hispanic female registered to vote in Broward County . 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. Hosted by Matthew Belloni and Kim Masters Dec. 10, 2021 Entertainment. Disney has a new board chair, and she's a gay woman. susan e arnold political party - casparicreative.com Iger back on top in a Disney plot twist that few saw coming The action you just performed triggered the security solution. Prior to that, she was Vice Chair of P&G Beauty and. 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. Warner Bros. golden ticket: Will they make new Lord of the Rings films? Those that disagree might be mad at you, but if you explain the decision-making process, their engagement levels dont fall. 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. Disneys chief executive, Bob Chapek, got a harsh introduction to the new reality of politicized business this week. Walt Disney Co. named former Carlyle Group executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from. "Apparently, the Companys executives have chosen to discriminate, create a hostile work environment, and drive away creative, loyal, and talented employees; alienate the Companys core customers; and violate the law, all for the purpose of advancing a very narrow political and social agenda promoting, inter alia, sexualizing content provided to young children," the letter to Disney states. In 2016, the firm opened its first theme park and resort in mainland China. 93. Iger back on top in a Disney plot twist that few saw coming Chapek also engaged in a public battle with "Black Widow" star Scarlett Johansson, who sued the company over "breach of contract" after it decided to release the Marvel film on Disney+ the same day it hit theaters.Johansson and Disney eventually settled.. More recently, Chapek found himself in the political crossfire of Florida Governor Ron DeSantis, who revoked the company's special tax . In 2004 and 2005, she was listed on the Wall Street Journal's 50 Women to Watch. American businessperson, an operating executive of The Carlyle Group, and chair of the Walt Disney Company. Froman, Robert A. Iger, Maria Elena Lagomasino, Calvin R. McDonald, Mark G. Parker and Derica W. Rice. His departure marks the end of an era. Susan Arnold from Tamarac, Florida | VoterRecords.com "Floridas HB 1557, also known as the Dont Say Gay bill, should never have passed and should never have been signed into law," the Disney statement said. You will be redirected back to your article in, Joe Biden Had Basal Cell Cancerous Tissue Removed From Chest, His Doctor Says, Spirit Awards: 'Everything Everywhere All At Once' Takes Best Feature, 6 Other Trophies; 'The Bear', Quinta Brunson Tops In TV - Full Winners List, Will Moviegoers Lend An Ear To Children Of The Corn Remake? Walt Disney has elected a woman to chair its board for the first time in the entertainment giant's 98-year history. Disney Replaces Susan Arnold As Chair, Seeks To Fend Off Activist Investors are allowed delcare opposition board candidates to push change, leading to a whats called a proxy fight. 4. A day later, the $250 billion Salesforce.com (CRM.N) promoted Taylor to co-chief executive. Disney is pushing critical race theory on employees through a new plan called "Reimagine Tomorrow," urging workers to recognize their . Bob Iger appointed as Disney's next CEO - indianexpress.com There was talk of him serving as ambassador to China, but that never came to be. She has stepped back from her private equity job, which is a step better than Twitter (TWTR.N). [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. Picture taken July 24, 2021. As a subscriber, you have 10 gift articles to give each month. Susan Arnold Profiles | Facebook But Chapek had resisted making a public statement despite entreaties from employee groups at Disney. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Disney has a new board chair, and she's a gay woman | KCRW Susan Arnold will succeed Bob Iger as the next Disney chairman.