Quite a number of things have changed at the Walt Disney Company over the past year or so.

Back in February of 2020, Bob Iger stepped down as CEO and Bob Chapek took over the role. We’ve also seen shifts made in the company’s leadership and structure when it comes to certain divisions (in order to shift the focus to streaming), and we’ve seen Imagineers such as Joe Rhode announce their retirement. Now, it seems more change is on the way.
According to the New York Times, Zenia B. Mucha, the Disney company’s chief communications officer will be stepping down early next year.
The New York Times refers to Mucha as “the power behind the power.” As chief communications officer, Mucha is in charge of Disney’s 500-person global media relations team, works on Disney’s efforts and initiatives regarding environmental issues and other concerns, and she oversees the Walt Disney Archives and D23.

In an internal memo sent by Mucha, which the New York Times viewed, she noted that “After a long career in roles that have required a 24/7 commitment, what I want most these days is the freedom to focus on other priorities — all the things I always wanted to do with family and friends but simply never had time for.”
But, Mucha isn’t the only one leaving Disney soon. Recently, Alan Braverman, Disney’s general counsel, secretary, and senior executive VP noted that he would be stepping down by the end of this year, according to Variety.

Braverman joined AC in 1993 and moved to Disney as general counsel about a decade later.
According to a note from Braverman, he noted that “the thought of having more free time to explore other opportunities and activities is a proposition that is as scary as it is exhilarating. But it is the inevitable next chapter and, in the end, I decided now is the right time in my life to make the transition.”

In a joint statement from Disney Executive Chairman Bob Iger and Disney CEO Bob Chapek, the two noted that “Alan and Zenia have made an indelible impact on the Company.”

We’ll keep an eye out for more updates about this period of transition for the Walt Disney Company and let you know what information we learn.
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Preffered stock and pension plans are probably changing, and they want to be assured of being grandfathered in to the old system.
Cost cutting is getting expendsive in their tax bracket, time to get out ASAP.
Let the little guys take the financial beating to stabilize stock prices and show fiscal restraint. Hatchet men are heading for retirement hill before the ax falls.