Reportedly, the Board of The Walt Disney Company (DIS) has elected two new directors Calvin McDonald, CEO of Lululemon Athletica inc., and Amy Chang, a veteran technology executive, effective immediately.
“Amy Chang and Calvin McDonald are highly-respected leaders with a deep understanding of the nexus between technology and the consumer experience, and we are excited to have them join the Disney board. Ms. Chang brings vast expertise in the tech industry, where her developments in machine learning and artificial intelligence have enabled companies to improve collaboration and gain deeper consumer insights. And Mr. McDonald has a wealth of experience in scaling brand-name retailers like lululemon through innovation, finding new ways to connect with consumers across digital channels, in stores and at home.” stated Robert A. Iger, Executive Chairman and Chairman of the Board, The Walt Disney Company.
Ms. Chang serves on the Board of Procter & Gamble and Marqeta, and also is an advisor to more than a dozen companies including HubSpot, Cisco, and many private companies.
“It is such an honor to become part of the Disney journey. With all the momentum and innovation within the company across every part of the consumer experience, I can’t wait to watch this next generation of stories and experiences come to life.” stated Ms. Chang.
Mr. McDonald joined lululemon as Chief Executive Officer in August 2018 and is a member of its Board of Directors.
Mr. McDonald stated, “I am excited to join the Board of Directors of Disney, an amazing organization that continually sets the standard worldwide for innovation, creativity, and bringing people together. I look forward to supporting CEO Bob Chapek and the management team with insights and learnings gained from our experience at Lululemon in creating enduring relationships with our guests.”
Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page.
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