Disney announces plans for organisational restructure
The Walt Disney Company (Disney) has announced plans for a new organisational structure for its media networks segment. This move is in line with successful integration of executives of the company 21st Century Fox, who are expected to assume leadership roles in the business segment at Disney once the acquisition of the company is complete.
Roger A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company remarked “This strength of 21st Century Fox’s first class talent has always been a compelling part of this opportunity for us. Upon completion of the acquisition, this new structures positions these proven leaders to help drive maximum value from a greatly enhanced portfolio of incredible brands and businesses.”
Peter Rice will become Chairman, Walt Disney Television and Co-Chair, Disney Media Networks, reporting directly to Mr. Iger. Rice’s appointment will take effect upon completion of the acquisition. Rice is currently President of 21st Century Fox and Chairman and Chief Executive Officer of Fox Networks Group.
Fox Television Group CEO and chairman Dana Walden was named Chairman of Disney Television Studios and ABC Entertainment. She will report to Rice.