Kareem Daniel Exits Disney As Bob Iger Sets Restructuring Of Media And Entertainment Distribution Division
22.11.2022 - 01:41
/ deadline.com
Kareem Daniel is exiting Disney as head of its Media and Entertainment Distribution division, one day after the ouster of CEO Bob Chapek.
Newly reappointed CEO Bob Iger disclosed the news in a letter to employees this afternoon (read it in full below). Iger said he has tasked Dana Walden, Alan Bergman, Jimmy Pitaro and Christine McCarthy to design “a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs”, and this will necessitate a reorganization of Disney Media & Entertainment Distribution” in place of DMED.
Here is Iger’s full memo:
Dear DMED Employees,
As we embark on the transformative work that I mentioned to you in my email last night, I want to begin by offering my sincere appreciation and gratitude to each and every one of you.
Over the coming weeks, we will begin implementing organizational and operating changes within the company. It is my intention to restructure things in a way that honors and respects creativity as the heart and soul of who we are. As you know, this is a time of enormous change and challenges in our industry, and our work will also focus on creating a more efficient and cost-effective structure.
I’ve asked Dana Walden, Alan Bergman, Jimmy Pitaro, and Christine McCarthy to work together on the design of a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs, and this will necessitate a reorganization of Disney Media & Entertainment Distribution. As a result, Kareem Daniel will be leaving the company, and I hope you will all join me in thanking him for his many years of service to Disney.
Our goal is to have the new structure in place in the coming months. Without question,