Disney's board of directors announced the decision Sunday night. Susan E. Arnold, a 14-year member of the Walt Disney Co.'s board of directors, will take the helm as board chairman, effective 31, the company announced Wednesday. NPR 's Jeff Dean reported that "the 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 Dec. 31.". Answer (1 of 9): Not really. Susan Arnold has a net worth of $5.00 million (Estimated) which she earned from her occupation as Member:board of directors\/The Walt Disney Company. Having most recently served as independent Lead Director, Susan is the perfect choice for Chairman of the Board, and I am confident the Company is well-positioned for continued success under her guidance and leadership. It's a movement. Arnold served as an operating executive at The Carlyle Group from 2013 . [12] Susan Arnold is an American business executive. The stunning development comes two weeks after Disney's quarterly financial performance fell well short of Wall Street expectations on both profit and revenue, a rarity, sending shares tumbling 12%. Previously, she served as PresidentGlobal Business Units of Procter & Gamble from 2007 to 2009. 40,624: Susan Arnold is the Board Director--Lead Independent Director at The Walt Disney Company. It's the first time in the entertainment juggernaut's nearly 100-year history that a woman will lead the board. Arnold, 67, has been the lead independent director since 2018 and has served on Disney's board since 2007. Susan E. Arnold (born March 8, 1954) is an American business executive; she is the chairwoman of The Walt Disney Company. Iger has been gradually removing himself from active management within Disney. 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. Susan E. Arnold, a 14-year member of the Walt Disney Co.'s board of directors, will take the helm as board chairman, effective 31, the company announced Wednesday. Now Week Month. Ms. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of . Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. [2], She is an operating executive of The Carlyle Group, an equity investment firm, since September 2013. In this position,. only two CEOs served The Walt . Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. Ms. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. Susan Arnold Courtesy of Disney. Corporate Communications Susan Arnold is an American national; born in Pittsburgh, Pennsylvania, United States. . Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of . Disney stock continues to be a long-term buy, but average-in carefully during the bear market. Chairman of the board Bob Iger leaves at the end of 2021. It's a whole new world for the Walt Disney Company's board of directors. The stock is still down 37% this year. International Guests Resort to Begging for Tickets & Park Pass Reservations . She has replaced Bob Iger. The Walt Disney Company Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Walt Disney Studios Motion Pictures, formerly known as Buena Vista Pictures Distribution, Inc. until 2007, is an American film distribution studio within the Disney Media and Entertainment Distribution division of The Walt Disney Company. By Prince Akoenyenu November 21, 2022 Advertisement Susan Arnold who has been named the first woman of The Walt Disney Company in over 9 decades surely has some millions to her name. It handles theatrical and occasional digital distribution, marketing and promotion for films produced and released by the Walt Disney Studios, including Walt . Walt Disney with one of his grandchildren. WDWNT Daily Recap (12/1/21): Susan Arnold Named Disney Chair, Smoke Temporarily Closes Rock 'n' Roller Coaster, Space 220 Lounge Reservations, Walt Disney World Day, and More . During his tenure, Mr. Iger built Disney into one of the worlds largest and most admired media and entertainment companies. Arnold, independent Lead Director, will succeed Robert A. Iger as Chairman of the Board when he departs at year-end. Walt Disney World Day, and More. Disney is replacing Bob Iger, who will soon wrap up his decades-long tenure at the company, with Susan Arnold as chairman of the board. Marc Gunther, 'Queer Inc.: How Corporate America fell in love with gays and lesbians. Bob has led Disney to amazing heights both creatively and financially, with his clear strategic vision for delivering high-quality branded storytelling, embracing cutting-edge technology, and expanding internationally, and hes left an indelible mark on The Walt Disney Company that will be felt for generations to come. 0. Arnold, independent Lead Director, will succeed Robert A. Iger as Chairman of the Board when he departs at year-end BURBANK, Calif., December 1, 2021The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. This email address is not for general employment inquiries or correspondence. The Walt Disney Company has appointed its first female chairperson to its board of directors.. Disney confirmed that as of Dec. 31, Susan Arnold will take over for former CEO Bob Iger as chairman of the board. Prior to that, she was President Global Business Units of Procter & Gamble from 2007 to 2009. "We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented. Chairman Susan Arnold . It has been a distinct honor to work with Susan and our many other talented directors, and I am incredibly grateful for the support and wise counsel they have provided during my tenure., On behalf of the Board, I would like to express my deepest gratitude to Bob Iger for his extraordinary leadership over the past decade-and-a-half, Arnold said. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. In 2004 she became Vice Chairman of Procter & Gamble and President of the company in 2007. 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. However, it is believed that her net worth will go up considering her new role. Susan Arnold has been an operating executive of The Carlyle Group, an equity investment firm, since September 2013. . Disney has a new board chair, and she's a gay woman. That net worth is poised to grow as the company becomes a major . It is true that some of the first Hollywood studios were fou. She is seen as one of the most successful Member:board of directors\/The Walt Disney Company of all times. As CEO, he expanded on Disneys rich history of unforgettable storytelling with the acquisitions of Pixar (2006), Marvel (2009), Lucasfilm (2012) and 21st Century Fox (2019), as well as the landmark 2016 opening of Disneys first theme park and resort in Mainland China, Shanghai Disney Resort, and the release of a number of record-setting films including Marvels Avengers: Endgame, Disneys Frozen and Frozen 2, and the groundbreaking movie Marvels Black Panther. Susan Arnold has been appointed Chairman of the Board of The Walt Disney Company and thus becomes the first woman which leads the company in its 98-year history.. Arnold will assume office on December 31, replacing Robert A. Iger, who in February 2020 was appointed Executive Chairman and Director of Disney's Creative Projects after more than 15 years as CEO. Arnold has served on the board of directors of The Walt Disney Company since 2007,[3] as well as the Carlyle portfolio investments company NBTY, The Nature's Bounty Co. She has also been a member of the Board of Directors of McDonald's Co. since 2008. Arnold, a former operating executive of . Arnold becomes the first woman to chair Disney's board in the entertainment giant's 98-year history. The Walt Disney Company Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Rhiza Dizon, 'Sears or Playboy May Get Gay CEO'. December 1, 2021 1:42pm. Hosted by Matthew Belloni and Kim Masters Dec. 10, 2021 Entertainment. She is the chair of The Walt Disney Company. Susan Arnold, a board member, will succeed Bob Iger at the end of the year. She retired from Procter & Gamble on September 1, 2009. Prince Akoenyenu joined the team at Wiggles Creatives in 2021 as Content Writer; Copywriter and Biographer. From 2005-2020 he led Disney as Chief Executive Officer. 1 Walt Disney Co. Executive who reportedly spearheaded the move to oust Bob Chapek now emerges as a contender for Disney CEO job 1 day ago 2 Improvements coming to Disney Genie+ at Walt Disney World Arnold has served as. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. Business Wire; Charles Sykes/Invision/AP; ABC via. She served for several years on the executive committee of Catalyst, a nonprofit organization working toward the advancement of women in business. When she assumes. He received 59 Academy Award nominations, including 22 awards: both totals are records. "We thank Bob Chapek for his service to Disney over his long career, including . CB Rank (Hub) Companies That Exited in 1978 . 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. As CEO, he expanded on Disneys rich history of unforgettable storytelling with the acquisitions of Pixar (2006), Marvel (2009), Lucasfilm (2012) and 21st Century Fox (2019), as well as the landmark 2016 opening of Disneys first theme park and resort in Mainland China, Shanghai Disney Resort, and the release of a number of record-setting films including MarvelsAvengers: Endgame, DisneysFrozenandFrozen 2, and the groundbreaking movie MarvelsBlack Panther. This email address is not for general employment inquiries or correspondence. It has been a distinct honor to work with Susan and our many other talented directors, and I am incredibly grateful for the support and wise counsel they have provided during my tenure., On behalf of the Board, I would like to express my deepest gratitude to Bob Iger for his extraordinary leadership over the past decade-and-a-half, Ms. Arnold said. Susan arnold. Board member Suzanne Arnold will take over as the Walt Disney Company Chairman. "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," announced the Disney board's current chairman, Susan Arnold, in a statement provided to the media on November 20th. Walt Disney Company and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities. December 1, 2021 Susan Arnold Named Chairman of the Board of The Walt Disney Company, Effective December 31 The Walt Disney Company Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. The company's stock jumped more than 6% Monday, with the appointment of Iger effective immediately. Disney recently announced that Susan Arnold who has been a Board member for 14 years would be taking over Iger's role as Chairperson. Having most recently served as independent Lead Director, Susan is the perfect choice for Chairman of the Board, and I am confident the Company is well-positioned for continued success under her guidance and leadership. And we now know that Chapek will not become Chairman of the Board at all. Susan Arnold is 67-years-old. Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity, and expert judgment has been invaluable to the Company since she first joined the Board in 2007, said Iger, Executive Chairman and Chairman of the Board. The Walt Disney Company Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. [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. Edit Related Hubs Section. CORPORATE - Disney/ABC Television Group. As I step into this new role as Chairman of the Board, I look forward to continuing to serve the long-term interests of Disneys shareholders and working closely with CEO Bob Chapek as he builds upon the Companys century-long legacy of creative excellence and innovation.. Arnold brings to her role extensive public-company board experience and in-depth knowledge of brand management and marketing; environmental sustainability; product and business development; international consumer markets; finance; and executive and risk management. Prince holds BA In Communication Studies from the Ghana Institute Of Journalism. "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 . She was a director of McDonalds Corporation from 2008 to 2016, and was a director of NBTY, Inc. from 2013 to 2017. For the first time ever in its nearly hundred-year-old history, Disney will have a female board chair. Iger has served as Chairman of the Board since 2012, and as Disneys Executive Chairman since 2020, directing the Companys creative endeavors. Bob Iger recently returned to Disney (NYSE: DIS) by request of the board. 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. Related: Disney Reveals Splash Mountain's Final Day of Operation Iger was accompanied by Disney Parks Chairmen Josh D'Amaro Saturday night in Disneyland. Susan Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Bob Iger as Chairman of the Board when he departs the Company at. Corporate Communications Share Tweet. [11][12] She was elected chair on December 31, 2021.[3]. Prior to that, she was President Global Business Units of Procter & Gamble from 2007 to 2009. Earlier today, the Walt Disney Company Board of Directors elected Susan Arnold as Chairman of the Board. Walt Disney named former Carlyle Group and Procter & Gamble Co. executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from the company. Previously, she served as PresidentGlobal Business Units of Procter & Gamble from 2007 to 2009. RELATED : Bob Iger Has Just Confirmed That Disney Will Proceed With a Hiring Freeze, Says "That Has to Continue". What makes her feat special is the fact that this is the first time that Walt Disney has elected a woman to this position in its 98-year history. She was formerly an operating executive of the equity investment firm The Carlyle Group, where she served from 2013 to 2021. She was a Director of McDonalds Corp. from 2008 to 2016, and a Director of NBTY, Inc. from 2013 to 2017. As I step into this new role as Chairman of the Board, I look forward to continuing to serve the long-term interests of Disneys shareholders and working closely with CEO Bob Chapek as he builds upon the Companys century-long legacy of creative excellence and innovation.. Arnold will be stepping into her new role on December 31st. During his tenure, Iger built Disney into one of the worlds largest and most admired media and entertainment companies. If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or apply for a position, email [email protected] with your request. In 1999, she assumed global responsibility for Procter & Gamble's beauty business, thereby becoming the first woman to reach a president-level position in the company. Ms. Early Life Susan Arnold net worth 2022 Susan E. Arnold was born on March 8, 1954 (age 68 years) in Pittsburgh, Pennsylvania, United States. Susan E. Arnold was formerly an operating executive of The Carlyle Group, an equity investment firm. Bob has led Disney to amazing heights both creatively and financially, with his clear strategic vision for delivering high-quality branded storytelling, embracing cutting-edge technology, and expanding internationally, and hes left an indelible mark on The Walt Disney Company that will be felt for generations to come. Mr. Iger has served as Chairman of the Board since 2012, and as Disneys Executive Chairman since 2020, directing the Companys creative endeavors. December 2, 2021. She's also been a director at McDonald's and NBTY. We will only respond to those requests that are related to the accessibility of the online application system due to a disability. The Walt Disney Company has announced that Susan Arnold, a board member for the past 14 years, will replace Bob Iger as chairperson at the end of 2021. Arnold, independent Lead Director, will succeed Robert A. Iger as Chairman of the Board when he departs at year-end BURBANK, Calif., December 01, 2021 -- ( BUSINESS WIRE )--The Walt Disney. While Bob Chapek took over as CEO, it was not announced that he would also become Chairman of the Board when Iger officially left. There is some evidence he could be a little bit Anti-Semitic although he did give to Jewish charities in the 1950's and did employ some Jews in his company. Ms. Arnold has been a Director of the Company since 2007 and was elected as Chairman of the Board as of December 31, 2021. In 2004 and 2005, she was listed on the Wall Street Journal's 50 Women to Watch. Hub Name . BURBANK, Calif., December 01, 2021--The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Always one to embrace new technology, Mr. Iger has made Disney an industry leader through its creative content offerings across multiple platforms, most recently leveraging cutting-edge direct-to-consumer technology with the highly successful launch of the Disney+ streaming service in 2019 and ESPN+ in 2018. Susan Arnold, Chairman of the Board, The Walt Disney Company Posted: Wednesday December 1, 2021 5:09pm ET by WDWMAGIC Staff The Walt Disney Company Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. 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 2007, said Mr. Iger, Executive Chairman and Chairman of the Board. 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 2007, said Iger, Executive Chairman and Chairman of the Board. Susan E. Arnold - The Walt Disney Company Menu Susan E. Arnold Chairman of the Board Susan E. Arnold was formerly an operating executive of The Carlyle Group, an equity investment firm. The Walt Disney Company Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Arnold has served as. Having most recently served as independent Lead Director, Susan is the perfect choice for Chairman of the Board, and I am confident the Company is well-positioned for continued success under her guidance and leadership. Susan Arnold tag sponsored by: Top 25+ "Susan Arnold" products on Amazon . We will only respond to those requests that are related to the accessibility of the online application system due to a disability. Bob has led Disney to amazing heights both creatively and financially, with his clear strategic vision for delivering high-quality branded storytelling, embracing cutting-edge technology, and expanding internationally, and hes left an indelible mark on The Walt Disney Company that will be felt for generations to come. She was a Director of McDonalds Corp. from 2008 to 2016, and a Director of NBTY, Inc. from 2013 to 2017. Susan Arnold will replace Bob Iger, according to the Burbank, California-based entertainment giant. Susan Arnold, the board chairman, wrote in her statement that Iger has signed up for two years, "with a mandate from the Board to set the strategic direction for renewed growth and to work closely . Ms. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of . The Walt Disney Company Board of Directors has elected Susan E . Who Is Susan Arnold: Former Carlyle Group and Procter & Gamble Co. executive Susan Arnold is now the chairman of the Board of Walt Disney. Susan Arnold Elected To Disney Board Of Directors Burbank, Calif., May 1, 2007 - - The Walt Disney Company (NYSE:DIS) Board of Directors today elected Susan E. Arnold, vice chairman-P&G Beauty & Health, The Procter & Gamble Company, as a new independent director effective today. Susan E. Arnold, chairwoman of Disney's board, told the Times, "The strength of the Walt Disney Company's businesses coming out of the pandemic is a testament to Bob's leadership and. Zenia Mucha Always one to embrace new technology, Mr. Iger has made Disney an industry leader through its creative content offerings across multiple platforms, most recently leveraging cutting-edge direct-to-consumer technology with the highly successful launch of the Disney+ streaming service in 2019 and ESPN+ in 2018. ', "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", Florida's Parental Rights in Education Act, American Broadcasting-Paramount TheatresAmerican Broadcasting Companies, https://en.wikipedia.org/w/index.php?title=Susan_Arnold&oldid=1124340505, Wharton School of the University of Pennsylvania alumni, Joseph M. Katz Graduate School of Business alumni, LGBT businesspeople from the United States, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 November 2022, at 12:26. The Walt Disney Company announced Wednesday that it has elected Susan Arnold to be its next chairman of the board, making her the first woman to helm the corporation in its 98-year history.. Dec 1 (Reuters) - Walt Disney Co 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. As CEO, he expanded on Disneys rich history of unforgettable storytelling with the acquisitions of Pixar (2006), Marvel (2009), Lucasfilm (2012) and 21st Century Fox (2019), as well as the landmark 2016 opening of Disneys first theme park and resort in Mainland China, Shanghai Disney Resort, and the release of a number of record-setting films including Marvels Avengers: Endgame, DisneysFrozenandFrozen 2, and the groundbreaking movie MarvelsBlack Panther. Jobs By Location | Jobs By Category | Jobs By Group | Jobs By Business Area, Privacy Policy | Terms of Use | Children's Online Privacy Policy | Your California Privacy Rights | Cookie Policy | Interest-Based Ads, Walt Disney Company and its Affiliated Companies are Equal Employment Opportunity employers and welcome all job seekers including individuals with disabilities and veterans with disabilities. Arnold is the first woman to be appointed to this position by Disney in their entire 98 years of history. Prior to that at Procter & Gamble, Arnold was Vice ChairBeauty & Health from 2006, Vice ChairBeauty from 2004, and PresidentGlobal Personal Beauty Care & Global Feminine Care from 2002. Susan Arnold was named Wednesday the next board chair of The Walt Disney Co., and will replace Bob Iger when he leaves the company at the end of the year. In 2004 she became Vice Chairman of Procter & Gamble and President of the company in 2007. Part of what makes this situation so interesting is the role . 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. It has been a distinct honor to work with Susan and our many other talented directors, and I am incredibly grateful for the support and wise counsel they have provided during my tenure., On behalf of the Board, I would like to express my deepest gratitude to Bob Iger for his extraordinary leadership over the past decade-and-a-half, Arnold said. According to a statement published by the company, Susan is the first woman to assume the position in 98 years and will take office on December 31, replacing Robert A. Iger. Arnold has served on the board of directors of The Walt Disney Company since 2007, [3] as well as the Carlyle portfolio investments company NBTY, The Nature's Bounty Co. She has also been a member of the Board of Directors of McDonald's Co. since 2008. The latest rumors are pointing toward the Walt Disney Company's chief financial officer, Christine McCarthy, as the top contender for the next CEO. Photo by Marko Aliaksandr. April 13, 2022; Trending. Susan E . Credit: Disney. The Walt Disney Company is worth an estimated $130 billion. Prior to that at Procter & Gamble, Ms. Arnold was Vice ChairBeauty & Health from 2006, Vice ChairBeauty from 2004, and PresidentGlobal Personal Beauty Care & Global Feminine Care from 2002. Walt Disney had Irish-Catholic and English roots. He has profiled celebrities and public figures across the globe. Susan is the first woman to take the job in 98 years (Courtesy) Walt Disney's Board of Directors elected Susan E. Arnold as the company's Chairman of the Board. [11] He married Lillian Bounds in 1925. Ms. Arnold brings to her role extensive public-company board experience and in-depth knowledge of brand management and marketing, environmental sustainability, product and business development, international consumer markets, finance, and executive and risk management. Susan Arnold Board Director Burbank, California, United States 1K followers 500+ connections Join to connect About President-Global Business Units at Procter & Gamble (Retired). The move takes effect when Iger formally exits on December 31. During his tenure, Iger built Disney into one of the worlds largest and most admired media and entertainment companies. (818) 560-5300, David Jefferson Susan Arnold, who has been a Disney board member for 14 years and the independent lead director since 2018, will succeed Bob Iger as chairman of the board at the end of 2021. When Bob Iger officially leaves Disney at the end of . [4][5][6], Since 2002, she has been listed on Fortune magazine's 50 Most Powerful Women in Business as #7 in 2008. According to Forbes, Susan Arnold got her start as a brand assistant on the Dawn/Ivory Snow Group. The Walt Disney Company 's board of directors has named Susan Arnold, a 14-year member of the board, as its new chair, succeeding the . Arnold's election will be effective December 31, 2021, when Bob Iger formally steps down as chairman - a position he has held since 2012. (818) 560-4832. Disney's in a big moment of transition. This announcement took place on Wednesday, December 1st. Gene Lester/Getty Images. If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or apply for a position, email [email protected] with your request. She is based in New York. As I step into this new role as Chairman of the Board, I look forward to continuing to serve the long-term interests of Disneys shareholders and working closely with CEO Bob Chapek as he builds upon the Companys century-long legacy of creative excellence and innovation.. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. Popularly known as the Member:board of directors\/The Walt Disney Company of United States. Additionally, . Arnold, independent Lead Director, will succeed Robert A. Iger as Chairman of the Board when he departs at year-end. [7], On December 1, 2021,[10][3] Arnold was appointed to replace Bob Iger as chair of the board at The Walt Disney Company and became the first woman to be appointed to this position in the 98-year history of Disney. (DISNEY/ABC/ Heidi Gutman) Disney, All Rights Reserved. Always one to embrace new technology, Mr. Iger has made Disney an industry leader through its creative content offerings across multiple platforms, most recently leveraging cutting-edge direct-to-consumer technology with the highly successful launch of the Disney+ streaming service in 2019 and ESPN+ in 2018. He'll be succeeded by Susan Arnold. According to sources, she has an estimated net worth of around $10 million. She was formerly an operating executive of the equity investment firm The Carlyle Group, where she served from 2013 to 2021. Arnold, a Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the. Walter "Walt" Elias Disney (December 5, 1901 - December 15, 1966) was an American entrepreneur, animator, writer, voice actor and film producer who cofounded Disney Brothers Studio with his brother Roy. BURBANK, Calif., December 1, 2021The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of the year. Susan Arnold, who has sat on the Mouse House's board for 14 years, will take the role of chairman when Bob Iger departs at the end of the year. BURBANK, Calif., December 01, 2021--The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. Ms. The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, Visit The Walt Disney Company site, to learn more about our new Chairman of the Board, Susan Arnold. BURBANK, Calif., December 1, 2021The Walt Disney Company (NYSE: DIS) Board of Directors announced that it has elected Susan E. Arnold as Chairman of the Board, effective December 31, 2021. From 2005-2020 he led Disney as Chief Executive Officer. She will be taking the spot that belonged to Bob Iger. 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