The Magic Kingdom is getting somewhat extra dose of that Just Do It spirit — and it just might need it now greater than ever.
Walt Disney Co. shareholders are expected to raise Mark Parker to chairman at the corporate’s annual meeting Monday — giving Nike Inc.’s executive chairman one other spot at the highest of America’s corporate hierarchy.
Parker, who led Nike as chief executive officer for 14 years before taking over his current role in 2020, has been on Disney’s board since 2016. He'll succeed Susan Arnold, the Procter & Gamble beauty veteran who has been chairman for just over a yr and whose tenure on Disney’s board has hit the 15-year limit.
That’s two chairmen in a row from the world...
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