Walt Disney Stock Price, News & Analysis

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.

The Walt Disney Company (NYSE: DIS) CEO Bob Iger will participate in a Q&A session at the Morgan Stanley Technology, Media and Telecom Conference on March 9, 2023, starting at 12:45 p.m. ET. Investors can access the live stream at disney.com/investors. The session will also be archived for later viewing.

Patrick Mahomes, quarterback for the Kansas City Chiefs, celebrated his team's Super Bowl victory by starring in Disney's iconic commercial, declaring, "I'm Going to Disneyland!" This announcement followed the Chiefs' thrilling 38-35 win over the Philadelphia Eagles, marking their second championship in four years. On February 13, 2023, Mahomes participated in a celebratory cavalcade at Disneyland Resort in California, with festivities coinciding with Disney's 100th anniversary. The event featured new attractions and special experiences for guests, honoring the company's legacy and engaging fans with Mahomes' joyful celebration.