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☆ Disney board battle in final days: Here's what you need to know
▼ + stars: | 2024-04-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney board battle in final days: Here's what you need to knowCarolyn Everson, Disney board member, joins 'Squawk on the Street' to discuss the question of succession at Disney, the possibility of Nelson Peltz winning the board seat at Disney, and more.

Persons: Carolyn Everson, Nelson Peltz Organizations: Disney

☆ Disney CEO Bob Iger has fundamentally restructured the company, says board member Carolyn Everson
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger has fundamentally restructured the company, says board member Carolyn EversonCarolyn Everson, Disney board member and former Meta global business group vice president, joins 'Squawk on the Street' to discuss CEO Bob Iger's performance, Nelson Peltz and his looming proxy fight against Disney, the company's investment in Epic Games, new sports streaming alliance, growth outlook, and more.

Persons: Bob Iger, Carolyn Everson Carolyn Everson, Bob Iger's, Nelson Peltz Organizations: Disney, Epic Games

☆ Walt Disney Nominates 12 to Board of Directors, Says CEO Iger’s Compensation Doubled in 2023
▼ + stars: | 2024-01-17 | by ( Sabela Ojea | ) www.wsj.com time to read: 1 min

Photo: PHIL MCCARTEN/REUTERSWalt Disney recommended shareholders vote for its 12 nominees to the company’s board of directors and said Chief Executive Robert Iger ’s total compensation doubled in fiscal 2023. The company nominated Chairman Mark Parker to the board, as well as Mary Barra , Safra Catz , Amy Chang , Jeremy Darroch , Carolyn Everson, Michael Froman , James Gorman, Robert Iger, Maria Elena Lagomasino , Calvin McDonald , and Derica Rice.

Persons: PHIL MCCARTEN, REUTERS Walt, Robert Iger ’, Mark Parker, Mary Barra, Safra Catz, Amy Chang, Jeremy Darroch, Carolyn Everson, Michael Froman, James Gorman, Robert Iger, Maria Elena Lagomasino, Calvin McDonald, Derica Rice Organizations: REUTERS, REUTERS Walt Disney

☆ Inside Bob Iger's Disney contract extension: a CEO moving to protect his legacy and get succession right this time
▼ + stars: | 2023-07-13 | by ( Lucia Moses | Reed Alexander | ) www.businessinsider.com time to read: +5 min

Disney extended CEO Bob Iger's contract for 2 years, through the end of 2026. Company watchers won't be shocked by the move, since Iger extended his previous tenure in the role many times. Insiders said he wants to protect his legacy and stabilize the business, especially after the exit of its CFO. Disney just extended Bob Iger's contract for two more years, through 2026, the company announced today. Iger pledged at the time to prioritize finding a successor, but he has extended his contract before — four times during his first 15-year tenure.

Persons: Bob Iger's, Iger, Bob Chapek, Dave Heger, Edward Jones, Heger, Christian Knaebel, Christine McCarthy, Disney, — here's, Chapek, Jay Rasulo, Kevin Mayer, Tom Staggs, Dana Walden, Alan Bergman, Iger's reorg, Dana, who's, Bergman, Walden, Meta execs Sheryl Sandberg, Carolyn Everson, Josh D'Amaro, Jimmy Pitaro, Adam Silver, Silver, Andrew Wilson Organizations: Disney, Hollywood, Writers Guild of America, SAG, Longtime, Disney Entertainment, Pixar, ESPN, National Basketball Association, EA Locations: Iger

☆ Watch CNBC's full interview with former Meta VP Carolyn Everson
▼ + stars: | 2023-06-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with former Meta VP Carolyn EversonCarolyn Everson, The Knot board member and former Meta VP, joins 'Closing Bell Overtime' to talk joining the board of 'The Knot', wedding industry trends and more.

Persons: Carolyn Everson Carolyn Everson Organizations: Meta

☆ Wedding spend is being focused on stand-out experiences, says veteran executive Carolyn Everson
▼ + stars: | 2023-06-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWedding spend is being focused on stand-out experiences, says veteran executive Carolyn EversonCarolyn Everson, The Knot board member and former Meta VP, joins 'Closing Bell Overtime' to talk joining the board of 'The Knot', wedding industry trends and more.

Persons: Carolyn Everson Carolyn Everson Organizations: Meta

☆ Elon Musk will lead the way in using generative A.I. in marketing, says Permira's Everson
▼ + stars: | 2023-05-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk will lead the way in using generative A.I. in marketing, says Permira's EversonCarolyn Everson, Permira senior advisor, joins 'Squawk on the Street' to discuss how Everson would advise Elon Musk to start advertising at Tesla, how the advertisements may not be what you'd typically see and much more.

☆ 'It's a huge concern': Senior-level women are calling it quits after decades climbing the career ladder
▼ + stars: | 2023-02-21 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Some of the world's most powerful women are calling it quits. To give some context, for every woman stepping into a director-level leadership role, two are choosing to leave, says Alexis Krivkovich, McKinsey senior partner and an author of the joint Lean In and McKinsey "Women in the Workplace" report. The pattern has the potential to unwind decades of progress toward gender equity and increased female leadership in the workplace, she tells CNBC Make It. "They're meeting their goals and being successful, and some are choosing to leave before they get burned out," Workman adds. The problem remains that there are too few women in high levels of leadership, Krivkovich says: "Lots of men leave their positions, but we analyze and scrutinize when women leaders do in a different way.

Marc Benioff, cofounder and CEO of Salesforce, attends a session at the Congress centre during the World Economic Forum in Davos, Switzerland, on January 17, 2023. Dan Loeb's hedge fund Third Point has built a position in Salesforce , expanding the group of activists circling the business software maker, CNBC has confirmed. The news comes two weeks after Salesforce said ValueAct Capital CEO Mason Morfit will join its board in March. Since, which joined the Dow Jones Industrial Average in 2020, has faced high-profile departures and slowing revenue growth of late and dealt with criticism for buying companies such as Slack and Tableau at high multiples. On Jan. 4, Salesforce shares rose more than 3% after the company announced a plan to cut 10% of employees.

☆ Apple is looking for a top sales executive to spearhead a giant advertising push in sports and streaming. Here are 16 execs who could score the job.
▼ + stars: | 2023-01-19 | by ( Claire Atkinson | Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +15 min

Netflix also conducted a search before hiring two Snap executives, Jeremi Gorman and Peter Naylor, to lead its new ads business. XandrLesser, a longtime digital ad executive, has extensive experience working on issues around the future of digital marketing. McDonald has a ton of other digital ad sales and publishing experience. She helped launch Modi Media, ad buying giant GroupM's addressable TV business, before joining TV adtech startup Cadent. UnivisionValentino runs Disney's digital ad business as EVP, client and brand solutions.

[1/3] The logo of the Times Square Disney store is seen in Times Square, New York City, U.S. December 5, 2019. Peltz, a billionaire activist who operates via his Trian Partners hedge fund, called for Disney to cut costs and turn a profit at its Disney+ streaming business, which has been losing money despite expanding at a fast clip. Its shares sank last year as losses deepened in its streaming business, and the price is now less than half the stock's 2021 high. Disney, Trian said, had overpaid for the assets of 21st Century Fox and bid aggressively for pay-TV giant Sky PLC. Disney said Trian would file with the Securities and Exchange Commission on Thursday to elect Peltz for a board seat in opposition to the company's nominees.

☆ At Walt Disney, the G in ESG stands for goofy
▼ + stars: | 2023-01-12 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 12 (Reuters Breakingviews) - It’s sadly fitting that Walt Disney (DIS.N) persists with Mickey Mouse corporate governance. The $176 billion entertainment empire on Wednesday appointed Nike (NKE.N) Chairman Mark Parker to run its board, too. Parker, who has been a director at Disney since 2016, was around for all of it. Parker has been a Disney director since 2016, and he also serves as executive chairman of Nike. Disney also said that shareholder Trian Partners had nominated founding partner Nelson Peltz to serve on the company’s board.

☆ Breakingviews: Disney’s next 100 years hinges on a metaverse
▼ + stars: | 2023-01-03 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

Walt Disney (DIS.N) in October will celebrate its 100th anniversary. In the past century, the Magic Kingdom’s theme parks have survived technological forces. The idea expanded and now the company operates parks in Paris, Hong Kong, Shanghai, not to mention the Walt Disney World Resort in Orlando, Florida. The theme parks, and their related consumer products, are an increasingly important part of the company. In the year ending September 2018, the division had a chunky 25% operating margin and represented almost 40% of Disney’s total operating profit of $16 billion.

☆ Disney’s next 100 years hinges on a metaverse
▼ + stars: | 2023-01-03 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

Walt Disney (DIS.N) in October will celebrate its 100th anniversary. In the past century, the Magic Kingdom’s theme parks have survived technological forces. Taking the real Disneyland as a blueprint for the metaverse that marries its brand and streaming ambitions is not hard to fathom. The idea expanded and now the company operates parks in Paris, Hong Kong, Shanghai, not to mention the Walt Disney World Resort in Orlando, Florida. In the year ending September 2018, the division had a chunky 25% operating margin and represented almost 40% of Disney’s total operating profit of $16 billion.

☆ I'm cautiously optimistic about the advertising industry, says Meta's former head of advertising
▼ + stars: | 2022-12-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI'm cautiously optimistic about the advertising industry, says Meta's former head of advertisingCarolyn Everson, Disney board member and former Facebook head of advertising, joins 'Squawk on the Street' to discuss the overall advertising environment, what companies are doing for the customer that helps them drive advertising revenue, and the endgame for linear television.

☆ Disney’s board needs some magic
▼ + stars: | 2022-12-06 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Dec 6 (Reuters Breakingviews) - Bob Iger has a knack for head-faking his way out the door. Iger served as chief executive of the $175 billion media giant from 2005 until 2020. That stands in contrast to Netflix’s board, where more than half of the directors come from the entertainment sector including former Disney executive Anne Sweeney. Follow @jennifersaba on TwitterloadingCONTEXT NEWSWalt Disney on Nov. 20 said Bob Iger is returning as chief executive officer, effective immediately. Iger, 71, served as chief executive from 2005 until 2020.

☆ An uphill battle could await activist Trian as the firm snaps up a stake in Disney
▼ + stars: | 2022-12-03 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Trian calls itself a "constructivist," implying a more friendly activist investor. Trian, like most activist investors, intends to be friendly and always starts off that way, and then it is up to the company to respond. The firm is an activist investor, plain and simple. On Nov. 21, The Wall Street Journal reported that Trian Fund Management took an approximately $800 million stake in Disney. In this situation, Trian seems to be looking for a board seat and is urging Disney to make operational improvements and reduce costs.

He will replace Bob Chapek, who took over as Disney CEO in February 2020 just as the COVID-19 pandemic led to park closures and visitor restrictions. Disney disappointed investors this month with an earnings report that showed mounting losses at its streaming media unit that includes Disney+. [1/2] Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. Disney did not respond to a request for comment on Trian and Trian did not respond to a request for comment. During his tenure, Disney made several key acquisitions, including Pixar Animation Studios, Marvel Entertainment and 21st Century Fox, and boosted its market capitalization five-fold.

☆ Hedge funds were busy trading Club holdings last quarter, regulatory filings show
▼ + stars: | 2022-11-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

What's more, Third Point added to its bet on Disney (DIS), owning 1.4 million shares as of Sept. 30, up 40% compared with its position on June 30. That valued the position at roughly $700,000 as of Sept. 30, which is quite small for a multi-billion dollar investment firm like Trian. In August, the firm had reported owning 14.34 million shares as of June 30. They are current as of the reporting date, which for this latest round of disclosures was Sept. 30. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ These stocks are sharply growing earnings despite the economic slowdown, and analysts love them
▼ + stars: | 2022-10-09 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

Analysts see 2022 earnings per share growing by 67%, and the stock advancing 42% from current levels. Energy stocks EQT and Diamondback Energy also made the list. EQT's earnings are expected to grow by 420% in 2022, and 81% of analysts covering the stock rate it a buy. Diamondback's earnings per share are also expected to more than double, and nearly three-quarters of analysts have buy ratings on the stock. Energy stocks have gotten a boost this year from rising oil prices.

☆ Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
▼ + stars: | 2022-09-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. On Friday, Disney said in a public filing that, with Third Point's support, it would add Everson to its board ahead of its board meeting in November. The deal comes weeks after Third Point took a new stake in Disney representing about 0.4% of the company and urged the media company to spin out its sports property, ESPN. Disney has reached a deal with activist investor Dan Loeb's Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said on Friday. With Everson, who will officially take her seat on November 21, Disney will have 12 board members.

☆ Nicola Mendelsohn has been named Facebook's new ad chief. Here are the 22 most powerful ad execs still at Facebook.
▼ + stars: | 2021-10-13 | by ( Lauren Johnson | Tanya Dua | ) www.businessinsider.com time to read: +1 min

Nicola Mendelsohn has been named Facebook's new ad chief, a role previously held by Carolyn Everson. Facebook has named Nicola Mendelsohn to the top advertising sales role of VP of the global business group. She had been the interim ad sales leader since June, when former ad exec Carolyn Everson left to become Instacart's president. Facebook's ad revenue continues to increase despite the exodus and ongoing regulations and warnings about the impact on ad performance from the introduction of Apple's App Tracking Transparency, which will limit ad targeting and measurement on Apple devices. Their roles span ad sales, strategy, marketing and product across Facebook's properties including its core app, Instagram, WhatsApp, and Messenger.

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