Catherine Powell’s Position Eliminated as All VPs Will Now Report to Bob Chapek Directly
In a surprising bit of news, Catherine Powell, President of the western region of Disney Parks, has left The Walt Disney Company. Powell was in charge of overseeing Disneyland, Walt Disney World, and Disneyland Paris. Her position has been eliminated, and now the presidents of each of the three resorts will report to Bob Chapek directly.
Bob Chapek, Chairman of Disney’s Parks, Experiences and Products division, now concentrates his power over Disney’s theme park portfolio with this change. This news comes after disappointing financial numbers at Disneyland and Walt Disney World.