"Disney's Film Unit Overhaul: President Exits Amid Board Battle"

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Source: Yahoo Finance
"Disney's Film Unit Overhaul: President Exits Amid Board Battle"
Photo: Yahoo Finance
TL;DR Summary

Walt Disney's President of Production, Sean Bailey, has stepped down after 15 years, transitioning to a producer role as Disney merges its film divisions amid an ongoing board proxy battle. David Greenbaum will replace Bailey, taking on the role of president of live action and 20th Century Studios. The shakeup comes as Disney faces pressure from activist investors and struggles within its film business, with CEO Bob Iger aiming to address the challenges in 2024.

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