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The Latest Breaking News from Mark Parker

Nike's 'refounder': Can Elliott Hill turn the sneaker-maker's luck around?

After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.

Fortune

Disney says it will name CEO Bob Iger’s second successor in 2026

Company taps former Morgan Stanley CEO James Gorman as its new board chair, who will lead the search

The Guardian - US

Nike’s new CEO signals a return to its old values

'Our time is short, shorter than we ever know, short as a morning run, and I wanted mine to be meaningful,' Nike founder Phil Knight wrote in his memoir.

Fortune

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read the most diverse news in one place.

Nike benches CEO, stock skyrockets on leadership change

Veteran executive Elliott Hill retired from the retailer in 2020—and he’s back.

Fortune

Disney names Gorman to chair its succession planning committee

The Walt Disney Co. has tapped James Gorman to lead its succession planning committee as the entertainment company continues to work toward finding someone to take over the helm from Bob Iger

The Independent UK

Disney Appoints Morgan Stanley's James Gorman To Lead CEO Succession Planning

The company announced the decision on Wednesday as a major step in its leadership transition strategy.

International Business Times

Disney Names James Gorman Head of Succession Committee

Executive oversaw selection of new CEO at Morgan Stanley

Broadcasting & Cable

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Disney to cut 7,000 jobs as returned CEO Iger vows 'transformation'

The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger.

France 24

Disney to cut 7,000 jobs in Bob Iger’s ‘transformation’ of entertainment giant

The cuts make up about 3% of Disney’s 220,000-person global workforce and come as the company beat Wall Street’s earnings forecasts.

Chicago Sun-Times

Disney to cut 7,000 jobs in Iger's company 'transformation'

The Walt Disney Co. says it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger

The Independent UK

Bob Iger signals ‘significant transformation’ as Disney+ loses 2.4 million subscribers

Bob Iger is back at Walt Disney Co., but that doesn’t mean the entertainment giant is out of the woods yet.

Los Angeles Times

Disney blasts activist shareholder campaign. Marvel chair played a role in board fight

The Walt Disney Co. has come out swinging against activist shareholder Nelson Peltz's campaign to join the company's board of directors, saying the billionaire lacks a basic understanding of Disney's business and has offered no strategic ideas.

Los Angeles Times

Woman raped in unmonitored drug sting sues police handlers

A police informant raped twice during an undercover drug buy in Louisiana has filed a lawsuit alleging her law enforcement handlers failed to monitor the sting in real time

The Independent UK

Disney Stock Rises On New Chairman; Nelson Peltz Plots Proxy Fight

Disney stock rose Thursday after appointing Nike's chairman to lead its board. But a proxy battle with activist investor Nelson Peltz looms.

Investors Business Daily

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Financial Times

The fight for Disney: Magic Kingdom prepares for battle with Nelson Peltz

Corporate drama pits chief executive Bob Iger against the veteran activist

The Guardian - US

Nike lawsuit records allege culture of sexism, bullying and fear of retaliation

5,000 pages of records detail how female employees were concerned management were unlikely to address concerns

Reason

Cops Fail To Protect Own Informant From Rape, Then Charge Her With a Drug Crime

Plus: The authoritarian convergence, inflation up and stocks down, and more...

The Independent UK

Woman sent undercover into drug house was raped twice and police failed to intervene

The assault on 13 January 2021 went unnoticed by sheriff deputies who were down the street during the alleged rape

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The Independent UK

Woman's rape cries go unheard in unmonitored drug sting

An Associated Press investigation found a woman informant was allegedly raped twice during an undercover drug sting last year in which her law enforcement handlers left her unmonitored and unprotected

Wales Online

Man on full benefits due to a mobility issue stockpiling food for winter after not yet receiving £150 Council Tax Rebate

Mark Parker said he's terrified government provisions such as the £150 rebate aren't going to be enough when winter comes round.

Daily Mirror

Disabled man 'stockpiling food for winter' after not receiving £150 council tax rebate

Mark Parker, 56, has said he is kept up at night, terrified at what might come this winter and if he will have to chose between eating food or heating his south London flat

People

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