Disney Board Adds Tech Exec Carolyn Everson in Agreement With Investor Dan Loeb

thewrap.com:

backed down from that recommendation. Disney said in a statement Friday that it has “agreed to customary standstill, voting and other provisions through Disney’s 2024 Annual Meeting of Shareholders” with Third Point. “We have a productive and collegial relationship with Third Point, with whom we share a deep commitment to continue building on Disney’s many successes and increasing shareholder value,” Disney CEO Bob Chapek added in a statement.

Everson, 50, will join Disney’s Board of Directors effective November 21. She’s currently on the boards for The Coca-Cola Company, Creative Artists Agency, Villanova University, the Humane Society of the United States and Columbia Medical School.“We are thrilled to welcome Carolyn Everson to the Disney Board,” said Susan Arnold, chairman of the Board, The Walt Disney Company. “Carolyn’s extensive background, including roles at a number of high-profile, complex global companies, brings a welcome and invaluable perspective as we continue to focus on expanding our brand and global reach.”“With nearly three decades of experience in senior operating roles at dynamic consumer-facing organizations, Carolyn is a well-respected leader who will bring unique and valuable perspective to our Board,” Chapek added. “Carolyn has had a hand in building a number of world-class digital advertising businesses, and her insights make her a great fit as we continue to position the company for long-term growth.” “We are pleased with our productive and ongoing dialogue with Bob and Disney’s management team,” Loeb, CEO and chief investment officer with Third Point, said in a statement. “The expansion of Disney’s Board of Directors to include Carolyn Everson will add an important new perspective to an.