Archive for Walt Disney Company

What Will Drive Growth For Disney’s U.S. Resort Operations?

Disney’s U.S. resort operations have been trending well for the past few years. The company currently offers around 31,000 guest rooms in its U.S. theme parks. Hotel operations primarily depend on two factors, occupancy rate and average per room spending.

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Disney Vanquishes Greenhouse Gas Emissions

The Walt Disney Co. is more than the company that provides a good time to families at at Disneyland and Disney World. It is a company that is making efforts to reduce its greenhouse gas emissions, as its 2014 Citizenship Performance Summary shows.

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Jay Rasulo Sells Disney Shares Worth $12 Million; Still Working Without a Contract

If you’re Jay Rasulo and you’re a little sad about not getting the nod as the heir apparent to Robert Iger in the executive office at the Walt Disney Co., there are still some perks.

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The Walt Disney Company Executives to Discuss Fiscal Second Quarter 2015 Financial Results via Webcast

The Walt Disney Company (NYSE: DIS) will discuss fiscal second quarter 2015 financial results via a live audio webcast beginning at 5:00 p.m. EDT / 2:00 p.m. PDT on Tuesday, May 5, 2015.

Results will be released at approximately 4:15 p.m. EDT / 1:15 p.m. PDT.

To listen to the webcast, point your browser to www.disney.com/investors. The webcast presentation will be archived.

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Shareholders Re-Elect All 10 Directors at The Walt Disney Company Annual Meeting

Shareholders of The Walt Disney Company (NYSE:DIS) at the 2015 Annual Meeting today elected all 10 members of the Board of Directors and supported Board recommendations on the Company’s auditor and the advisory vote on executive compensation, based on preliminary results.

Disney Chairman and Chief Executive Officer Robert A. Iger welcomed shareholders to the meeting at The Palace of Fine Arts Theatre in San Francisco and introduced independent Lead Director Orin C. Smith and the other members of the Board of Directors.

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Disney Invests in America’s Future Leaders with $1 Million Commitment to UNCF

UNCF (United Negro College Fund), one of the nation’s leading minority scholarship organizations, announced a $1 million commitment from The Walt Disney Company (NYSE: DIS) to provide scholarships to outstanding African American students and give them the tools to realize their professional goals.

The Walt Disney Company UNCF Corporate Scholars Program, administered by UNCF, will offer financial assistance to high-achieving African American students in underserved communities across the country, while expanding educational and career resources for them.

“UNCF works to ensure our future leaders have the opportunity to obtain the college degrees they need, and our nation needs them to have,” UNCF President and CEO Michael L. Lomax said. “The Walt Disney Company UNCF Corporate Scholars Program expands their academic training into practical experiences, to create a diverse pipeline of college educated professionals poised to assume fulfilling careers in the entertainment industry. The investment we are making in better futures for them now will pay dividends in years to come when they become our next generation of leaders.”

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The Walt Disney Company to Webcast Its Annual Meeting of Shareholders

The annual meeting of shareholders of The Walt Disney Company (NYSE: DIS), including remarks by management regarding the Company, will be available live via audio webcast at www.disney.com/investors beginning at 10:00 a.m. PDT / 1:00 p.m. EDT on March 12, 2015. The presentation will be archived.

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Bob Chapek Named Chairman, Walt Disney Parks and Resorts

Bob Chapek has been named Chairman, Walt Disney Parks and Resorts, it was announced today by Robert A. Iger, Chairman and Chief Executive Officer, and Thomas O. Staggs, Chief Operating Officer, The Walt Disney Company (NYSE: DIS).

A 22-year veteran of The Walt Disney Company, Mr. Chapek has served since 2011 as President of Disney Consumer Products, driving a technology-led transformation of the Company’s consumer products, retail and publishing operations. He assumes his new role effective immediately.

“Under Bob’s leadership, Consumer Products has seen great success, focusing on brands and a franchise-driven strategy while launching new products and retail experiences that combine technological innovation and creativity,” Mr. Iger said. “He is an experienced and versatile executive well-suited to lead Parks and Resorts into the future.”

As Chairman of Parks and Resorts, Mr. Chapek succeeds Mr. Staggs, who was named Disney’s Chief Operating Officer earlier this month. Mr. Chapek will report to both Mr. Iger and Mr. Staggs.

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Disney – ABC Television Group to Give The Children’s Hospital of Philadelphia $250,000 Gift to Advance Buerger Center for Pediatric Care

The Children’s Hospital of Philadelphia (CHOP) today announced a $250,000 gift from Disney, together with Disney • ABC Television Group and 6abc, at a check presentation event in the Colket Atrium to celebrate their generosity. The gift was presented by 6abc president and general manager, Bernie Prazenica, who was joined by two very special visitors, Mickey Mouse and Minnie Mouse.  In recognition, The Children’s Hospital of Philadelphia will name a Wait. Play. Learn. area within the Buerger Center for Advanced Pediatric Care, the world-class outpatient facility to open this summer.

6abc president and general manager Bernie Prazenica said, “We support CHOP’s belief that every child deserves a story of hope.  Here at 6abc, it’s our hope that this gift will help write many of those stories.  We’re happy to build the interactive Wait. Play. Learn. area that will add a few smiles to those stories of hope.  And who better to deliver those first smiles than Mickey Mouse and Minnie Mouse, who will join us to mark this next chapter as one to celebrate.”

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After renovations, Disney’s animation building will be a wide open hub of creativity

The story of how Don Hall and Chris Williams, codirectors of the Oscar-nominated animated hit “Big Hero 6,” first came to work at Disney almost sounds like something out of a Disney movie.

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