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Disney's New CFO: Seasoned Hand for Streaming Shift
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Disney appoints PepsiCo's former CFO, Hugh Johnston, as its new CFO to address the company's challenges in navigating the shift to streaming services. Johnston's appointment is seen as a positive move as Disney faces investor pressure and a sagging share price. He brings solid top-level experience and is credited with boosting PepsiCo's revenue.
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How might Johnston's appointment, along with Disney's contemplation of transformative transactions and a successor to CEO Bob Iger, signal a broader shift in Disney's business strategy and leadership?
How might Johnston's experience in operational roles and serving on the boards of Microsoft Corp. and HCA Healthcare Inc. contribute to his ability to address Disney's challenges in navigating the shift to streaming services?
What impact could Nelson Peltz's pursuit of board seats at Disney have on the company's future direction and strategic partnerships?
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