Bob Iger announced a massive Disney restructuring recently and it’s already having a big impact on the Company.
The changes, which took place effective immediately, are meant to restore a greater amount of control to Disney’s creative leaders and essentially undo the structure put in place under Bob Chapek. There will be 3 key segments at Disney under this new structure: (1) Disney Entertainment, (2) ESPN, and (3) Disney Parks, Experiences, and Products. But just how is this change impacting Disney’s leadership team? We just got an update.
According to The Hollywood Reporter, as a result of the changes being made with Disney’s restructuring, Rebecca Campbell, a senior Disney executive, will be leaving the Walt Disney Company.
A memo was sent by Alan Bergman, Dana Walden, and Jimmy Pitaro detailing this change. In it, they note, “As a result of the changes, Rebecca Campbell, Chairman, International Content and Operations, has decided to leave the company. An esteemed leader and longtime industry veteran, Campbell will stay on through June to help with the transition.”
Iger also sent a memo regarding this change. In it, he said that after 25 years of “tremendous service,” Campbell “has decided to leave The Walt Disney Company.” Iger shared that Campbell has been a “truly valuable and trusted leader throughout her time here.” He also noted that he was “grateful for her innumerable contributions to this company,” and that he had been the one to ask Campbell to stay through June to help with the transition.
Rebecca Campbell was the chairman of international content and operations. But due to the reorganization changes, Bergman and Walden (at the new Disney Entertainment division) will gain oversight over all international content and operations.
Brooks Barnes, a reporter for the New York Times, shared that Campbell was “squeezed out” since “her international content turf” will be downsized and absorbed by other executives.
Here’s a look at Disney’s new divisions:
- Disney Entertainment (co-chairs: Alan Bergman and Dana Walden) — they will oversee the streaming business, oversee international content and operations, and handle the “company’s full portfolio of entertainment media and content businesses globally”
- ESPN (chair: James Pitaro) — this division will handle all ESPN networks and ESPN+
- Disney Parks, Experiences, and Products (chair: Josh D’Amaro) — this division will continue to oversee things related to parks, consumer products, and experiences like Disney Cruise Line, among others
Disney notes that “The leaders of each content group will have full operational control and financial responsibility for creative development, marketing, sales, and distribution, and will be accountable for driving business efficiencies.”
We will continue to keep an eye out for just how these changes may impact other executives at Disney and other parts of the Company. Stay tuned for more news.
Click here to see why Iger’s “fight for the future of Disney” is over
Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe!
What do you think about these changes? Tell us in the comments.
TRENDING NOW