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Oracle CEO Safra Catz Exits Disney Board After 6-Year Stint
Oracle CEO Safra Catz, who began serving on Disney’s board of directors in 2018, is exiting her board post.
No official reason was given for the move, which the company said would result in the board shrinking from 12 members to 11.
One ingredient in her decision could well have been the…
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By Dade Hayes
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0 Comments Comment on Oracle CEO Safra Catz Exits Disney Board After 6-Year Stint
Wonya Lucas, Former CEO Of Hallmark Media And TV One, Joins Comcast Board Of Directors
Wonya Lucas, a veteran media exec who held the post of CEO for Hallmark Media Networks and TV One, has been appointed to Comcast’s board of directors.
Lucas will serve as an independent director, the media company said in an SEC filing. She has not yet been appointed to serve as a member of any board…
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By Dade Hayes
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Oprah Winfrey Exits WeightWatchers Board, Donates Stock; Company Says Moves Aim To Counter “Perceived Conflict Of Interest Around Her Taking Weight Loss Medications”
Oprah Winfrey is leaving the board of directors of WeightWatchers after a 9-year run and donating her stock in the company in order to avoid any potential conflict of interest over her use of weight-loss medication.
Shares in the company fell almost 20% on the news.
In addition to not standing…
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By Dade Hayes
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Disney Shareholder Blackwells Capital Blasts Rival Nelson Peltz For Failing To Come Up With “A Single Strategic Idea That Would Benefit Shareholders”
Blackwells Capital, a Disney shareholder with plenty of opinions about who should sit on the company’s board of directors, blasted the rival Trian Group for its own board maneuvering.
In a press release Monday, Blackwells Chief Investment Officer Jason Aintabi said Trian co-founder Nelson Peltz has…
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By Dade Hayes
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Ex-Disney Chief Bob Chapek Appointed To Board Of Medical Firm Masimo As Company Battles Apple
Bob Chapek, a nearly three-decade Disney veteran who was ousted in 2022 as the media company’s CEO, has been appointed to the board of directors of medical tech firm Masimo.
The move comes during a dramatic series of events involving Masimo and Apple. The tech giant has been in a patent dispute with…
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By Dade Hayes
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Al Gore To Leave Apple Board After 21-Year Run; Company Reveals CEO Tim Cook’s Pay Dropped 36% In 2023 After Shareholder Pressure
Former Vice President Al Gore will be departing from Apple’s board of directors after a 21-year run due to the company’s mandatory retirement age, the tech company said today.
James Bell, who joined the board in 2015, will also be leaving the board, with aerospace executive Wanda Austin in line to…
Disney’s Potential Proxy Battle No Issue For Incoming Board Member James Gorman: “That Doesn’t Bother Me One Little Bit”
James Gorman, CEO of Morgan Stanley and soon to be a member of Disney’s board of directors, is not fazed by the possibility of the media giant going through a proxy fight.
During a lengthy sit-down with CNBC, the exec acknowledged that a battle is brewing with activist investor Nelson Peltz, whose…
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By Dade Hayes
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Disney Responds To Unsolicited Nominations Of Nelson Peltz And Ex-Disney CFO James Rasulo To Board Of Directors, Defends Existing Board As “Highly Qualified”
Disney has formally responded to activist shareholder Trian Fund Management’s unsolicited effort to nominate its co-founder, Nelson Peltz, and ex-Disney CFO James Rasulo to the media giant’s board of directors.
The company said a board committee will review the nominations, but it also made a point…
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By Dade Hayes
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Disney Board Shuffle: Former Sky Chief Jeremy Darroch, Morgan Stanley CEO James Gorman Appointed Directors As Francis A. deSouza Plans To Surrender His Seat
The Walt Disney Co. has added former Group CEO of Sky Jeremy Darroch and Morgan Stanley CEO James Gorman to its board of directors and said Francis A. deSouza plans to surrender his seat at the end of his term.
The corporate announcement follows an appearance by CEO Bob Iger at The New York Times…
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By Dade Hayes
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Susan Rice Returns To Netflix Board Of Directors After Biden Administration Stint
Susan Rice, who left her post as domestic policy advisor to President Biden last May, has rejoined Netflix’s board of directors.
In two-plus years in the Biden Administration, Rice oversaw a number of complex and controversial initiatives related to immigration, gun control and student loan relief…
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By Dade Hayes
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Amazon Alum Jeff Blackburn Joins Roku Board
Jeff Blackburn, who spearheaded Amazon’s push into video, has joined Roku’s board of directors.
The election of Blackburn at Roku’s annual shareholder meeting represents an expansion of Roku’s board, an upsizing signaled by the streaming company last April.
"Jeff's extensive experience in…
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By Dade Hayes
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Common Sense Networks Forms Board Of Directors, With Former Nickelodeon President Geraldine Laybourne And Ex-Sesame Workshop Boss Gary Knell Among Elected Members
Common Sense Networks, the for-profit affiliate of Common Sense Media, has formed a board of directors, with newly elected members including veteran children’s media execs Geraldine Laybourne and Gary Knell.
CSN, which operates the Sensical streaming platform, was founded in 2020. It aims to help…
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By Dade Hayes
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