Disney appoints Hugh Johnston as Senior EVP and CFO, effective Dec 4, 2023

Walt Disney Co

Hugh Johnston named Senior EVP & CFO, replacing interim CFO Kevin Lansberry who returns to Disney Experiences segment.
Johnston joins from PepsiCo where he was Vice Chairman and CFO for over a decade.
Base salary of $2M, target annual bonus of 200% of base, and long-term incentive target of 575% of base.
One-time signing bonus of $3M (subject to repayment if terminated within one year) and one-time LTI stock unit award of $14M target.
Johnston will lead worldwide finance organization and report directly to CEO Bob Iger.

item 5.02 item 9.01

Executive movements

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Appointed

Hugh F. Johnston

Senior Executive Vice President and Chief Financial Officer

DIS · Walt Disney Co

Effective: 2023-12-04
Filed: November 6, 2023, 6:59 PM ET

On November 2, 2023, The Walt Disney Company (the “Company”) appointed Hugh F. Johnston as Senior Executive Vice President and Chief Financial Officer for a stated term commencing on December 4, 2023, and ending December 31, 2026.

Role change (interim)

Kevin Lansberry

Executive Vice President and Chief Financial Officer of the Company’s Experiences segment

DIS · Walt Disney Co

Effective: 2023-12-04
Successor: Hugh F. Johnston
Filed: November 6, 2023, 6:59 PM ET

In addition, effective December 4, 2023, Kevin Lansberry will cease to serve as Interim Chief Financial Officer and return to his position as Executive Vice President and Chief Financial Officer of the Company’s Experiences segment.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Hugh F. Johnston was appointed as Senior Executive Vice President and Chief Financial Officer at Walt Disney Co.

Action: appointed
Role: Senior Executive Vice President and Chief Financial Officer

Exact text from the filing

On November 2, 2023, The Walt Disney Company (the “Company”) appointed Hugh F. Johnston as Senior Executive Vice President and Chief Financial Officer for a stated term commencing on December 4, 2023, and ending December 31, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Kevin Lansberry changed role as Executive Vice President and Chief Financial Officer of the Company’s Experiences segment at Walt Disney Co.

Action: ceased
Role: Executive Vice President and Chief Financial Officer of the Company’s Experiences segment

Exact text from the filing

In addition, effective December 4, 2023, Kevin Lansberry will cease to serve as Interim Chief Financial Officer and return to his position as Executive Vice President and Chief Financial Officer of the Company’s Experiences segment.

View on SEC.gov

Walt Disney Co filing history →

Source: SEC EDGAR

accession 0001744489-23-000209

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