The Walt Disney Company Announces Departure of Board Director Safra A. Catz
The Walt Disney Company (NYSE: DIS) has announced the departure of Safra A. Catz, CEO of Oracle Corp., from its Board of Directors after six years of service. Robert A. Iger, Disney's CEO, praised Catz's contributions, particularly her insights on strategic planning amid technological changes affecting the company's businesses. Catz expressed gratitude for her time on the Board and confidence in Disney's future. With her departure, Disney's Board has been reduced from 12 to 11 directors.
The Walt Disney Company (NYSE: DIS) ha annunciato le dimissioni di Safra A. Catz, CEO di Oracle Corp., dal suo Consiglio di Amministrazione dopo sei anni di servizio. Robert A. Iger, CEO di Disney, ha lodato i contributi di Catz, in particolare le sue intuizioni sulla pianificazione strategica in un contesto di cambiamenti tecnologici che influenzano le attività dell'azienda. Catz ha espresso gratitudine per il suo tempo trascorso nel Consiglio e fiducia nel futuro di Disney. Con la sua partenza, il Consiglio di Disney è stato ridotto da 12 a 11 membri.
The Walt Disney Company (NYSE: DIS) ha anunciado la salida de Safra A. Catz, CEO de Oracle Corp., de su Junta Directiva tras seis años de servicio. Robert A. Iger, CEO de Disney, alabó las contribuciones de Catz, especialmente sus aportes en la planificación estratégica en medio de los cambios tecnológicos que afectan los negocios de la compañía. Catz expresó su agradecimiento por su tiempo en la Junta y confianza en el futuro de Disney. Con su marcha, la Junta de Disney se ha reducido de 12 a 11 directores.
월트 디즈니 컴퍼니(NYSE: DIS)는 오라클 법인 CEO인 사프라 A. 카츠가 6년의 이사직을 마치고 이사회에서 사임한다고 발표했습니다. 로버트 A. 아이거 디즈니 CEO는 카츠의 기여, 특히 회사 비즈니스에 영향을 미치는 기술 변화 속에서의 전략적 계획에 대한 통찰을 높이 평가했습니다. 카츠는 이사회에서의 시간에 대한 감사와 디즈니의 미래에 대한 확신을 표현했습니다. 그녀의 퇴임으로 인해 디즈니 이사회는 12명의 이사에서 11명으로 줄어들었습니다.
The Walt Disney Company (NYSE: DIS) a annoncé le départ de Safra A. Catz, PDG d'Oracle Corp., de son Conseil d'Administration après six ans de service. Robert A. Iger, PDG de Disney, a salué les contributions de Catz, en particulier ses idées sur la planification stratégique face aux changements technologiques affectant les activités de l'entreprise. Catz a exprimé sa gratitude pour son temps passé au Conseil et sa confiance dans l'avenir de Disney. Avec son départ, le Conseil de Disney a été réduit de 12 à 11 administrateurs.
Die Walt Disney Company (NYSE: DIS) hat den Rücktritt von Safra A. Catz, CEO von Oracle Corp., aus ihrem Vorstand nach sechs Jahren Dienst bekannt gegeben. Robert A. Iger, CEO von Disney, lobte Catz’ Beiträge, insbesondere ihre Einsichten in die strategische Planung angesichts technologischer Veränderungen, die die Geschäfte des Unternehmens betreffen. Catz drückte ihre Dankbarkeit für die Zeit im Vorstand und ihr Vertrauen in die Zukunft von Disney aus. Mit ihrem Rücktritt wurde der Vorstand von Disney von 12 auf 11 Direktoren reduziert.
- Board reduction from 12 to 11 directors may lead to more efficient decision-making
- Loss of valuable technological insight from Oracle CEO on the Board
- Potential gap in strategic planning expertise for technological landscape changes
“Throughout her tenure on Disney’s Board of Directors, Safra has provided invaluable insight that has helped shape the company’s long-term strategic planning amid a rapidly changing technological landscape that affects our businesses,” said Robert A. Iger, Chief Executive Officer. “Her contributions have been tremendous, and on behalf of The Walt Disney Company, I want to personally thank Safra for her years of service.”
“I’ve been honored to serve on Disney’s Board, and I am especially proud of the work we’ve done to fortify the company’s unparalleled strengths and continue its rich legacy of innovation,” said Catz. “As I leave the Board today, I am grateful to have had the opportunity to work with Bob and his talented leadership team, and the accomplished members of the Disney Board. I wish the company and its employees every success in the future.”
With Catz’s departure, the size of Disney’s Board has been reduced from 12 directors to 11.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise that includes three business segments: Entertainment, Sports and Experiences. Disney is a Dow 30 company and had annual revenue of
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David Jefferson
Corporate Communications
david.j.jefferson@disney.com
(818) 560-4832
Mike Long
Corporate Communications
mike.p.long@disney.com
(818) 560-4588
Source: The Walt Disney Company
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