The Walt Disney Co. on Monday named 34-year PepsiCo veteran Hugh Johnston as its new chief financial officer.
The best gift for foodies: This 8-piece Japanese chef’s knife set with gift box, now $299 off!FILE - The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange, Aug. 7, 2017, in New York. The Walt Disney Co. on Monday, Nov. 6, 2023 named 34-year PepsiCo veteran Hugh Johnston as its new chief financial officer. Johnston, who has been PepsiCos CFO since 2010, will replace Kevin Lansberry effective Dec. 4.
Johnston has served a variety of roles at PepsiCo beginning in 1987. He left to become the CFO at Merck & Co. from 1999 to 2002, then returned to the Purchase, New York snack and beverage giant.Johnston will report to Disney CEO Bob Iger, who returned to the Burbank, California entertainment giant just less than a year ago.
Chapek oversaw Disney during one of the most challenging periods in company history that began with a pandemic and ended, at least under Chapek’s rule, with spiraling inflation.
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Walt Disney Co. names PepsiCo's Hugh Johnston as chief financial officerThe Walt Disney Co. on Monday named 34-year PepsiCo veteran Hugh Johnston as its new chief financial officer. Johnston, who has been PepsiCo’s CFO since 2010, will replace Kevin Lansberry effective Dec. 4. Lansberry was appointed Disney’s interim CFO earlier this year. Johnston has served a variety of roles at PepsiCo beginning in 1987.
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