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Corporate Board

All articles tagged with #corporate board

"Activist Investor Trian's 130-Page Plan to Revitalize Disney's Strategy"
business2 years ago

"Activist Investor Trian's 130-Page Plan to Revitalize Disney's Strategy"

Trian Partners, an activist investor in Disney, has released a 130-page memo criticizing Disney's board of directors and outlining plans to revamp the company, including suggestions to "right-size" its studio business and linear TV networks, consolidate Disney+ and Hulu, and evaluate ESPN's streaming service. Another activist, Blackwells, has proposed spinning out Disney's real estate holdings and using AI to expand the parks business. Disney has responded by promoting CEO Bob Iger and announcing new projects, while also enlisting support from the descendants of Walt Disney and Roy O. Disney in the board seat battle.

Disney's Chief Diversity Officer Latondra Newton Resigns.
business3 years ago

Disney's Chief Diversity Officer Latondra Newton Resigns.

Disney's Chief Diversity Officer, Latondra Newton, is leaving the company after a six-year tenure to pursue other endeavors, including joining another corporate board. Newton led Disney's diversity, equity, and inclusion initiatives and was one of three executives who signed a letter pledging to bring about real change after the murder of George Floyd. The company is set to begin a search for a new chief of diversity, inclusion, and equity efforts.

Disney's Chief Diversity Officer Latondra Newton Departs Amid Controversy and Financial Woes.
business3 years ago

Disney's Chief Diversity Officer Latondra Newton Departs Amid Controversy and Financial Woes.

Disney's Chief Diversity Officer, Latondra Newton, is leaving the company to pursue other endeavors, including joining a corporate board and focusing on a creative company she owns. Newton's direct reports will now report to Julie Merges, SVP Talent Acquisition, who will run the DEI operations on an interim basis while the search for Newton's replacement is underway. Newton's role was to oversee Disney's strategic diversity and inclusion initiatives, and she co-signed the May 2020 memo to Disney staff in the wake of the George Floyd killing.