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Thursday, Mar 28, 2024

Former U.S. Trade Rep Joins Disney Board

The board of Walt Disney Co. has elected Michael Froman as a new director. Froman is vice chairman and president of strategic growth at Mastercard. Before joining Mastercard, he served as U.S. Trade Representative from 2013 to 2017, negotiating international trade agreements and investments on behalf of the United States. “Given his broad experience and extraordinary career spanning both the public and private sectors, Mike brings a unique perspective that will be extremely valuable as we continue to build the future of Disney,” Chief Executive Robert Iger said in a statement. Shares of Disney (DIS), the entertainment and theme park company headquartered in Burbank, closed Friday down $1.41, or 1.3 percent, to $109.26 on the New York Stock Exchange.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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