Disney CFO On Smooth Succession As Josh D’Amaro Set To Step Up, “Minimum Drama … People Are Excited”
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Disney chief financial officer Hugh Johnston praised the company’s board smooth and thorough work that culminated in what he considers a great result. They “really went through an extremely thorough process … It probably went on for about a year and a half. They looked internally, externally. They really pushed hard on the candidates, […]
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Disney chief financial officer Hugh Johnston praised the company’s board smooth and thorough work that culminated in what he considers a great result. They “really went through an extremely thorough process … It probably went on for about a year and a half. They looked internally, externally. They really pushed hard on the candidates, and I think came to a conclusion that that is a terrific one. You have Josh, who’s a terrific growth-oriented executive. You have Dana, who’s a terrific growth-oriented executive on the creative side. And the fact that not only do we have Josh in place and looking forward to his leadership, but we have the entire team staying together is something that I think is is a little bit unusual for corporate CEO successions,” Johnston said Monday at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco. It’s one of the first Wall Street confabs after the changing of the guard was announced. Related Stories Executives Mouse Mouthpiece Out: Kristina Schake Leaving Disney The Same Day Josh D'Amaro Takes Over As CEO
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