The Walt Disney Company has picked Nike executive chairman Mark Parker to become the next chairman of its board, the company announced on Wednesday.
NEW YORK, NY - MARCH 16: Chief Executive Officer of Nike, Inc, Mark Parker speaks during the Nike Innovation For Everybody Unveiling at Skylight at Moynihan Station on March 16, 2016, in New York City. since 2020. Prior to that, he was the footwear and apparel company’s CEO for more than a decade.
Additionally, he will lead the Disney board’s succession planning committee created to "advise the Board on CEO succession planning, including review of internal and external candidates," the company said. The process of finding Disney’s next CEO, Parker said in the release, "has already begun.
Attendees are reflected in Disney+ logo during the Walt Disney D23 Expo in Anaheim, California on September 9, 2022. The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy Nicholson/File Photo Iger returned to Disney to become CEO for two years in November, having previously held the title from 2005 to 2020 and served as executive chairman through 2021. He took over the chief executive role from longtime company exec Bob Chapek, who had helmed the company since February 2020, not long before the pandemic prompted lockdowns around the globe.
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