Disney names Mark Parker to be chairman
Walt Disney Co.'s board of directors on Wednesday announced it has elected independent director Mark Parker as chairman. Parker, a seven-year member of Disney's board and executive chairman of Nike Inc. , will succeed Susan Arnold, who fulfilled a 15-year term limit on the board. As a result, the size of the board will be reduced to 11 members. Meanwhile, investment fund Trian Fund Management has nominated founder Nelson Peltz for election as a Disney director.
... Walt Disney Co.'s DIS board of directors on Wednesday announced it has elected independent director Mark Parker as chairman. Parker, a seven-year member of Disney's board and executive chairman of Nike Inc. NKE , will succeed Susan Arnold, who fulfilled a 15-year term limit on the board. As a result, the size of the board will be reduced to 11 members. Meanwhile, investment fund Trian Fund Management has nominated founder Nelson Peltz for election as a Disney director.
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