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Tag Archives: Corporate

March 23

March 23, 2011 – Shareholders Elect 13 Directors of the Walt Disney Company Board

“2010 was a great year for The Walt Disney Company. It was a year of excellence – creatively, strategically, and financially.”

On March 23, 2011, Disney announced that shareholders had elected 13 members of the Board of Directors, re-electing members such as Steve Jobs, Bob Iger, and Sheryl Sandberg. The shareholders also supported recommendations from the Company’s auditor, as well as the stock incentive plan and the frequency of votes on executive compensation. Shareholders also agreed to the appointment of PricewaterhouseCoopers as the independent accountants for Fiscal Year 2011.

March 19

March 19, 2008 – Disney Cruise Line Announces Agreement with Port Canaveral

“We’re thrilled that Disney has committed to stay here long-term and are looking forward to the two new ships home porting here.”- Port Canaveral CEO Stan Payne

On March 19, 2008, Disney Cruise Line officially announced that they reached an agreement with Port Canaveral in Florida, which extended their home port contract for fifteen more years. This agreement was officially ratified by the Port Authority Commissioners. The agreement included an expansion and modification of the existing port facility, including a parking structure scheduled to be completed in 2011. Disney stated in the press release that they were going to work with Port Canaveral staff to add the special Disney touch to the planned “state of the art facility.”

February 5

February 5, 2015- Tom Staggs is Named Chief Operating Officer of The Walt Disney Company

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“It’s a privilege to step into this role, and I am humbled and honored by the opportunity.”

On February 5, 2015, the Walt Disney and Parks and Resorts chairman Tom Staggs was announced to be the new Chief Operating Officer of The Walt Disney Company. Staggs was chosen thanks to his track record in running the parks, his background in investment banking, and his ability to handle complex deals for the company, including the investment in the MagicBand system used in Walt Disney World. Staggs joined Disney in 1990 as the manager of strategic planning after working at Dain Bosworth and Morgan Stanley. He soon moved up the corporate ladder, being named a senior VP in 1995, and was shortly after named an executive VP and Chief Financial Officer. Although concerns arose around Staggs’ ability to handle the strategic management of a company as vast as Disney, his success with the Disneyland Shanghai project seemed to quell any doubts. However, Staggs stepped down from his position and left the company in 2016, after he was unable to secure a commitment that he would succeed Bob Iger after Iger’s retirement in 2018.

January 24

January 24, 2000 – Robert Iger is Named President of The Walt Disney Company

“Bob Iger is recognized as a leader in the communications and entertainment industries. I believe his experience and expertise will prove instrumental in helping to guide our company to seize new opportunities.” – Disney CEO Michael Eisner

On January 24, 2000, Robert Iger was named as the President of the Walt Disney Company, filling the spot left open after Michael Ovitz left in 1996. Iger had started his career with ABC in 1974 and rose through the ranks to become the President and COO in 1994. After ABC’s merger with Disney, Iger remained the head of ABC before switching in 1999 to the President of Disney’s International Operations. Along with his promotion to the number 2 executive position within the company, Iger was also appointed to the board of directors.

January 11

January 11, 2016 – President and CEO of Nike Mark G. Parker Joins Walt Disney Company Board of Directors

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“…Mark is widely recognized for driving the stellar growth of an industry-leading brand. His keen insight into consumers and his broad experience in international markets make him a great fit for the Disney Board.” Walt Disney Company President and CEO Bob Iger

On January 11, 2016, it was announced that President and CEO of Nike, Inc., Mark G, Parker, was elected to the Walt Disney Company Board of Directors. Parker began at Nike in 1979 as one of the company’s first footwear designers, and moved up the ranks to become the CEO and President in 2006. Parker is also renowned for expanding the growth of the company’s global business portfolio, along with leading the way in product design. His addition to the board brings the membership of the Disney Board of Directors to 12.

October 7

October 7, 1991 – The Disney Vacation Club Preview Center Opens

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“We’re a vacation club. We’re calling ourself something different. We are different.” – Mark L. Pacala, Vice President and General Manager of Disney Vacation Development, Inc.

On October 7, 1991, the Disney Vacation Club (DVC) Preview Center opened in Walt Disney World. The plan for the Disney resort inclusive time-share program had been in development since 1990, but with an added Disney twist to make sure that it didn’t attract the same negative attention that came with other time-share programs. To show off the perks of the program, the Preview Center was built, where interested guests could see a short video presentation about the points program before seeing a model of the buildings with a specific DVC Guide. Guests could also be escorted from their resorts to the Preview Center and back in a special DVC tour bus. The initial program provided many free perks to drive up interest, including free passes into the park. The program has since been considered a success, with  13 resorts worldwide part of the program.

September 9

September 9, 2011 – Robert Chapek Named President of Disney Consumer Products

“I’m excited about the opportunity to lead our newly expanded team and to grow our brands, franchises, and movie properties in the fast-changing retail and licensing marketplace.”

On September 9, 2011, President and CEO of The Walt Disney Company Bob Iger announced the promotion of Robert Chapek to President of Disney Consumer Products. The naming of Chapek came at the time of the formation of the consolidated consumer products organization, combining the retail lines within the Walt Disney Studios, Pixar, Marvel, and the related consumer and interactive product lines. Chapek was promoted from being the President of Distribution, a role which was then assumed by Alan Bergman, the President of the Walt Disney Studios.