Source: Dia Dipasupil / Getty
*Kareem Daniel is out as chairman of media and distribution at Disney following the return of Bob Iger as CEO of the company.
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Disney’s board of directors announced Sunday that Iger is replacing Bob Chapek, and with Bob’s departure comes the termination of Daniel, Chapek’s right-hand executive, AdWeek reports.
Iger sent a memo to Disney Media & Entertainment Distribution employees noting that the firings are part of a company-wide restructuring.
“I’ve asked Dana Walden, Alan Bergman, Jimmy Pitaro and Christine McCarthy to work together on the design of a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs, and this will necessitate a reorganization of Disney Media & Entertainment Distribution. As a result, Kareem Daniel will be leaving the company, and I hope you will all join me in thanking him for his many years of service to Disney,” the memo reads.
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Daniel had been with the company since October 2020 and as chairman of media and distribution, he oversaw the “operation of the company’s streaming services–Disney+, Hulu, ESPN+ and Star+; its portfolio of linear television channels, including ABC, Disney Channel and FX; its ABC owned-stations; its advertising sales business; Disney Music Group; content licensing and distribution; and theatrical film distribution for the company’s entertainment studios,” per AdWeek.
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Iger said Monday during his first town hall as returning CEO that he won’t remove the company’s hiring freeze amid Disney’s organizational structuring.
Meanwhile, according to a CNBC report, several senior executives lost confidence in Chapek’s leadership. Chapek’s ouster prompted Iger to also fire Daniel.
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