Susan Arnold will take the reins from Bob Iger as chairman of Disney

Walt Disney Co. said Susan Arnold will assume control from Bob Iger as chairman of the board at the entertainment giant.

Arnold, who has sat on the Mouse House’s board for quite some time and who has filled in as its free lead chief beginning around 2018, will play the job of chairman when Iger withdraws the firm toward the year’s end, the company said Tuesday.

Iger had filled in as executive of the load up starting around 2012, keeping the job even after he ventured down as CEO last year and gave the job to Bob Chapek. For as long as year, Iger has held the job of executive chairman.

Arnold comes to Disney from The Carlyle Group, a private-value goliath where she filled in as a working chief from 2013 to 2021. Preceding that, Arnold filled in as President of Global Business Units at Procter and Gamble from 2007 to 2009. She likewise held different positions at P&G including,vice chair of beauty & health, as well as president of global personal beauty care & global feminine care. She also served as a director of both McDonald’s and NBTY.

“Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity, and expert judgment have been invaluable to the company since she first joined the Board in 2007,” Iger said. “Having most recently served as independent lead director, Susan is the perfect choice for chairman of the board, and I am confident the Company is well-positioned for continued success under her guidance and leadership.”

“As I venture into this new job as director of the board, I anticipate proceeding to serve the drawn out interests of Disney’s shareholders and working intimately with CEO Bob Chapek as he expands upon the company’s very long term tradition of inventive greatness and development,” Arnold said.