---
schema_version: "secwatch.filing_event.v1"
accession: "0001744489-23-000209"
form_type: "8-K"
ticker: "DIS"
cik: "0001744489"
company_name: "Walt Disney Co"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:15:26.926048+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001744489-23-000209
- form_type: 8-K
- ticker: DIS
- cik: 0001744489
- company_name: Walt Disney Co
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000209/0001744489-23-000209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000209/dis-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001744489-23-000209
- JSON: https://secwatch.observer/filing/0001744489-23-000209.json
- Plain text: https://secwatch.observer/filing/0001744489-23-000209.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000209/0001744489-23-000209-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744489/000174448923000209/0001744489-23-000209-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.