Welcome to our dedicated page for Walt Disney news (Ticker: DIS), a resource for investors and traders seeking the latest updates and insights on Walt Disney stock.
The Walt Disney Company reports developments across its entertainment, sports, and experiences businesses. Recurring updates include financial results, investor conference appearances, annual shareholder meeting materials, and management commentary on streaming, ESPN, film and television studios, and Disney Experiences.
Company news also covers leadership and organizational changes within Disney Entertainment, including its streaming, film, television, games, and digital entertainment operations. Business updates commonly reference Disney+, Hulu, ESPN, the company’s studio brands, theme parks, cruises, vacation destinations, and merchandise licensing.
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Asad Ayaz has been appointed as the first Chief Brand Officer of The Walt Disney Company (NYSE: DIS), effective immediately. This newly created role will see Ayaz responsible for enhancing Disney's global brand across all consumer experiences. Ayaz will retain his position as President of Marketing for The Walt Disney Studios, managing marketing for films, series, and Disney+ globally. Ayaz's experience includes leading marketing campaigns for numerous iconic films, such as Star Wars: The Force Awakens and Avatar: The Way of Water. He will spearhead initiatives like the Disney100 campaign as the company celebrates its 100th anniversary. CEO Robert A. Iger expressed confidence in Ayaz's ability to preserve and elevate Disney's legacy and storytelling impact.
Ike Perlmutter, the largest individual shareholder of The Walt Disney Co. (NYSE: DIS), announced the end of his working relationship with the company as of March 29, 2023. In his statement, he expressed disappointment over the lack of support for efforts to improve Disney's business operations, particularly in restoring dividends and addressing the company's cost structure. Perlmutter advocated for Trian's Nelson Peltz to join Disney's board, citing his proven track record in enhancing shareholder returns. Acknowledging his long ties to Disney, stemming from his introduction of the profitable Marvel brand in 2009, Perlmutter emphasized his commitment to advocating for the company’s financial health and long-term success, despite his departure.
The Walt Disney Company (NYSE: DIS) will disclose its fiscal second quarter 2023 financial results through a live audio webcast on May 10, 2023, at 4:30 p.m. ET. The results will be released after the regular trading hours on the same day. Investors can access the webcast on Disney's investor relations website. The archived presentation will also be available for later viewing.
The Walt Disney Company (NYSE: DIS) will hold its annual shareholders meeting on April 3, 2023, at 1:00 p.m. ET (10:00 a.m. PT). This event will feature remarks from management and will be available via live webcast on Disney's investor page. The presentation will also be archived for future viewing, allowing shareholders and interested parties to access the information at their convenience.
Sonia Coleman has been appointed as the new Senior Executive Vice President and Chief Human Resources Officer of The Walt Disney Company (NYSE:DIS), effective April 8. Coleman, previously the Senior Vice President of Human Resources for Disney Entertainment and ESPN, succeeds Paul Richardson, who served for over 15 years. In her new role, Coleman will report to CEO Robert A. Iger and will focus on human resources strategies, talent acquisition, diversity and inclusion, and employee development. Iger praised Coleman as a respected leader with valuable experience during a transformative period for the company.