Bob Iger, Walt Disney’s returning chief executive officer, has taken his first steps toward reorganizing the entertainment giant, asking his deputies to rethink the corporate structure and announcing the departure of a top manager.
"Over the coming weeks, we will begin implementing organizational and operating changes within the company,” Iger said Monday in a memo. "It is my intention to restructure things in a way that honors and respects creativity as the heart and soul of who we are.”
Top Disney officers overseeing finance, film, TV and sports will come up with a new framework for the company in the coming weeks. That suggests Iger will unwind a reorganization by predecessor Bob Chapek that took decision making away from division heads. As part of his memo, Iger said the company’s head of media distribution, Kareem Daniel, will leave the company.