Bob Iger, Walt Disney¡¯s returning chief executive officer, has taken his first steps toward reorganizing the entertainment giant, asking his deputies to rethink the corporate structure and announcing the departure of a top manager.
¡°Over the coming weeks, we will begin implementing organizational and operating changes within the company,¡± Iger said Monday in a memo. ¡°It is my intention to restructure things in a way that honors and respects creativity as the heart and soul of who we are.¡±
Top Disney officers overseeing finance, film, TV and sports will come up with a new framework for the company in the coming weeks. That suggests Iger will unwind a reorganization by predecessor Bob Chapek that took decision making away from division heads. As part of his memo, Iger said the company¡¯s head of media distribution, Kareem Daniel, will leave the company.
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