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Market Impact: 0.15

Top Disney exec ‘miserable' over reporting to No. 2 Dana Walden after major corporate reshuffle: sources

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Management & GovernanceMedia & EntertainmentCompany Fundamentals

Dana Walden has been named Disney's president and chief creative officer and Alan Bergman, entertainment chairman, will now report directly to her; insiders say Bergman is "miserable" and "sad" about the change. The report highlights potential leadership friction within Disney's content organization and is likely a reputational/internal operations issue with limited near-term market impact.

Analysis

Dana Walden has been named Disney's president and chief creative officer and Alan Bergman, entertainment chairman, will now report directly to her; insiders say Bergman is "miserable" and "sad" about the change. The report highlights potential leadership friction within Disney's content organization and is likely a reputational/internal operations issue with limited near-term market impact.

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