Disney names PepsiCo veteran Hugh Johnston as CFO, Telecom News, ET Telecom
Johnston, 61, serves on the boards of Microsoft and HCA Healthcare, and will join Disney on Dec. 4.
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Johnston, 61, serves on the boards of Microsoft and HCA Healthcare, and will join Disney on Dec. 4.
Walt Disney has appointed Hugh Johnston, a PepsiCo veteran, as its new chief financial officer (CFO). Johnston, who serves on the boards of Microsoft and HCA Healthcare, will join Disney on December 4.
Walt Disney named PepsiCo. veteran Hugh Johnston as its chief financial officer, boosting top boss Bob Iger's hands as he seeks to turn around the media behemoth, which is struggling with a drop in its cable business and investor pressure.
Johnston will report to Disney CEO Bob Iger, who returned to the Burbank, California entertainment giant just less than a year ago.
Disney+ Hotstar subscribers stood at 61.3 million in October 2022. However, average subscriber revenue dropped 9 per cent in a year.