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General C-Suite and Exec News

MisterPenguin

President of Animal Kingdom
Premium Member
Original Poster
On November 4, 2025, a subsidiary of The Walt Disney Company (the “Company”) and Horacio E. Gutierrez, the Company’s Senior Executive Vice President, Chief Legal and Compliance Officer, entered into an amendment (the “Amendment”) to Mr. Gutierrez’s employment agreement.
Pursuant to the Amendment, the term of Mr. Gutierrez’s employment agreement was extended to September 30, 2028, and Mr. Gutierrez’s title was changed to Senior Executive Vice President, Chief Legal and Global Affairs Officer. The Amendment increases Mr. Gutierrez’s target long-term equity incentive annual award value to $12,365,000, commencing with the Company’s current fiscal year. The amendment does not increase Mr. Gutierrez’s current base salary or target annual bonus opportunity.



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MisterPenguin

President of Animal Kingdom
Premium Member
Original Poster
Hugh Johnston, Senior Executive Vice President & Chief Financial Officer, The Walt Disney Company will participate in a question-and-answer session at the Wells Fargo Technology, Media, and Telecom Summit on Wednesday, November 19, 2025 at approximately 11:00 a.m. ET/ 8:00 a.m. PT.​

 

MisterPenguin

President of Animal Kingdom
Premium Member
Original Poster
TWDC is borrowing $4B for general corporate purposes.

What corporate purposes?​

GENERAL corporate purposes!

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USE OF PROCEEDS

We estimate that the net proceeds to us from the sale of the notes in this offering will be approximately $3,972,755,000 after deducting the underwriting discounts but before deducting estimated offering expenses payable by us. We intend to use the net proceeds of this offering for general corporate purposes.

See: https://www.sec.gov/Archives/edgar/data/1001039/000119312526047158/d67861d424b2.htm#supptoc67861_4
 

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