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Los Angeles Times
Los Angeles Times
Business
Stephen Battaglio and Ryan Faughnder

Returning Disney CEO Bob Iger announces plans for sweeping overhaul

LOS ANGELES — Walt Disney Co.'s returning chief executive, Bob Iger, wasted no time putting his stamp on the company, announcing plans for a major overhaul of the Burbank entertainment giant.

In a Monday afternoon memo to employees, Iger said that Kareem Daniel, head of Disney’s controversial Disney Media and Entertainment Distribution unit, would be leaving the company.

“Over the coming weeks, we will begin implementing organizational and operating changes within the company,” Iger said. “It is my intention to restructure things in a way that honors and respects creativity as the heart and soul of who we are.”

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