Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Oracle's Safra Catz among two new members named to Disney board

Published 12/07/2017, 07:37 PM
Updated 12/07/2017, 07:40 PM
© Reuters. FILE PHOTO - Safra A. Catz, Chief Executive Officer, Oracle, speaks at 2017 SelectUSA Investment Summit in Oxon Hill, Maryland

(Reuters) - Media company Walt Disney Co (N:DIS) on Thursday named Oracle Corp's (O:ORCL) chief executive, Safra Catz, and her counterpart at Illumina Inc (O:ILMN), Francis A. deSouza, to its board.

Disney said their election would be effective Feb. 1 but it was yet to decide on which committees they would serve on.

The company currently has 12 members on its board, including Facebook Inc's (O:FB) Sheryl Sandberg and Twitter Inc's (N:TWTR) Jack Dorsey.

The election of the two new members comes at a time when Disney is said to be in the lead to acquire much of Twenty-First Century Fox Inc's (O:FOXA) media empire.

Disney Chief Executive and Chairman Bob Iger contemplates on extending his tenure past 2019 to facilitate the integration of Fox's assets if a deal is completed, the Wall Street Journal reported on Wednesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.