What's Happening?
Kristina Schake, Disney's Senior Executive Vice President and Chief Communications Officer, will leave the company at the end of March. Her departure coincides with CEO Bob Iger stepping down, with Josh D'Amaro set to succeed him. Schake joined Disney in 2022
and has been instrumental in aligning the company's communications with its strategic priorities. Her exit comes as Disney undergoes significant leadership transitions, with Dana Walden being elevated to President and Chief Creative Officer. The company plans to announce Schake's successor at a later date.
Why It's Important?
Kristina Schake's departure from Disney marks a significant shift in the company's leadership during a pivotal time. As Disney navigates changes in its executive team, the role of communications becomes crucial in maintaining stakeholder confidence and ensuring a smooth transition. Schake's contributions have been vital in shaping Disney's public image and strategic messaging. Her exit, alongside Bob Iger's, signals a new era for Disney, with potential implications for its corporate strategy and market positioning. The leadership changes could influence Disney's future direction and its ability to adapt to industry challenges.
