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Oracle CEO Safra Catz to depart Walt Disney board
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Oracle CEO Safra Catz to depart Walt Disney board
Jul 19, 2024 2:40 PM

(Reuters) - Walt Disney ( DIS ) said on Friday that Oracle chief executive Safra Catz is departing the entertainment company's board after six years.

Catz was elected to Disney's ( DIS ) board in 2017 along with Illumina Inc's ( ILMN ) former CEO Francis deSouza, at a time when the company was looking to acquire Twenty-First Century Fox Inc's media empire.

Disney ( DIS ) CEO Robert Iger said Catz "has provided invaluable insight that has helped shape (Disney's ( DIS )) long-term strategic planning amid a rapidly changing technological landscape."

Following Catz's departure, Disney's ( DIS ) board will be down to 11 members.

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