Disney Board & Executive Changes Reported
Ticker: DIS · Form: 8-K · Filed: Oct 21, 2024 · CIK: 1744489
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: DIS
TL;DR
Disney board shakeup and exec comp details filed. Watch for governance shifts.
AI Summary
On October 18, 2024, The Walt Disney Company filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the departure of certain officers and the election of new directors, alongside information regarding compensatory arrangements for key executives. This report also covers Regulation FD disclosures and financial statement exhibits.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategic direction or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate internal strategic shifts or governance concerns that may affect the company's future operations and stock performance.
Key Players & Entities
- The Walt Disney Company (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- October 18, 2024 (date) — Date of earliest event reported
FAQ
What specific items are covered in this 8-K filing by The Walt Disney Company?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosures, and financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on October 18, 2024.
What is the state of incorporation for The Walt Disney Company?
The Walt Disney Company is incorporated in Delaware.
What is the IRS Employer Identification Number for The Walt Disney Company?
The IRS Employer Identification Number for The Walt Disney Company is 83-0940635.
What is the business address of The Walt Disney Company?
The business address of The Walt Disney Company is 500 South Buena Vista Street, Burbank, CA 91521.
Filing Stats: 572 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-10-21 08:31:43
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value DIS New York Stock Exchange
Filing Documents
- dis-20241018.htm (8-K) — 31KB
- fy2024_q4xxchairmanannounc.htm (EX-99.1) — 12KB
- 0001744489-24-000262.txt ( ) — 200KB
- dis-20241018.xsd (EX-101.SCH) — 2KB
- dis-20241018_def.xml (EX-101.DEF) — 14KB
- dis-20241018_lab.xml (EX-101.LAB) — 26KB
- dis-20241018_pre.xml (EX-101.PRE) — 15KB
- dis-20241018_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the press release announcing Mr. Parker's resignation from the Board and the appointment of James P. Gorman as Chairman effective January 2, 2025 and providing a succession planning update is attached as Exhibit 99.1 hereto and is incorporated by reference herein. The information contained in this Item 7.01, including Exhibit 99.1 incorporated herein by reference, is furnished and shall not be deemed to be filed for purposes of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated October 21, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. The Walt Disney Company By: /s/ Jolene E. Negre Jolene E. Negre Associate General Counsel and Secretary Dated: October 21, 2024