Here is a quote from the Selection article on this:
“Mark Parker is an extremely well-respected chief who over seven years as a Disney director has helped the Firm successfully navigate by means of a time of unprecedented change,” Ms. Arnold mentioned. “Throughout his 4 a long time at NIKE, Mark has led one of many world’s most acknowledged client manufacturers by means of varied market evolutions and a profitable CEO transition, and he’s uniquely positioned to chair the Disney Board throughout this era of transformation.”
“Mark Parker’s imaginative and prescient, unimaginable depth of expertise and clever counsel have been invaluable to Disney, and I sit up for persevering with working with him in his new position, together with our different administrators, as we chart the long run course for this wonderful firm,” mentioned Robert A. Iger, Chief Govt Officer, The Walt Disney Firm. “On behalf of my fellow Board members and all the Disney administration workforce, I additionally need to thank Susan for her very good management as Chairman and for her tireless work over the previous 15 years as an exemplary steward of the Disney model.”
