Disney Reorganizing Around Direct to Consumer; CEO Succession Race Part Deux Kicks Off
Disney announced a strategic restructuring of the firm on Wednesday. We believe the plan is primarily focused on positioning the direct-to-consumer business under one leader while also providing greater visibility into this growing revenue stream. The new direct-to-consumer and international segment will be led by chief strategy officer Kevin Mayer. The reorganization also creates a two-man CEO succession race between Mayer and Bob Chapek, the head of the combined parks & resorts and consume...
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