Walt Disney announced on Dec. 1 that it has elected Susan Arnold as the first woman to serve as the chairperson of its board of directors in the company’s 98-year history.
Arnold, who has been a board member for 14 years, will replace Robert Iger who will be leaving the company on Dec. 31 after he served 15 years in the role.
“Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity, and expert judgment have been invaluable to the Company since she first joined the Board in 2007,” Iger said in a statement.
Iger further described Arnold as the “perfect choice” for the role.
Arnold, who has been the company’s independent lead director since 2018, said that she looks forward “to continuing to serve the long-term interests of Disney’s shareholders and working closely with CEO Bob Chapek as he builds upon the Company’s century-long legacy of creative excellence and innovation.”
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