Walt Disney Co. (DIS) announced two executive changes and a key departure Monday as the media giant attempts to navigate choppy financial waters during the coronavirus pandemic. Disney named Josh D'Amaro chairman of Disney Parks, Experiences and Products, and appointed Rebecca Campbell chairman of Direct-to-Consumer and International operations. Campbell replaces Kevin Mayer, who was in the running to succeed former CEO Bob Iger but is now headed to TikTok ( ), a video-sharing social networking service, to become its CEO. Disney shares were down 1% in after-hours trading Monday. For the past 12 months, they have declined 13% while the broader S&P 500 index is up 4%.
-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
May 18, 2020 16:52 ET (20:52 GMT)
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