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Susan Arnold

From Wikipedia, the free encyclopedia
American businesswoman (born 1954)
Susan Arnold
Born (1954-03-08)March 8, 1954 (age 71)
OccupationExecutive
EmployerThe Walt Disney Company
TitleChairman
Term2021–2023
PredecessorBob Iger (2012–2021)
SuccessorMark Parker (2023-2025)

Susan E. Arnold (born March 8, 1954) is an Americanbusiness executive who formerly served as the chairman ofThe Walt Disney Company.

Early life and education

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Arnold graduated from theUniversity of Pennsylvania with aBachelor of Arts degree, and from theUniversity of Pittsburgh with aMaster of Business Administration degree.[1]

Career

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Susan Arnold began her career as a brand assistant for the Dawn/Ivory Snow Group at Procter Gamble in 1980. In 1999, she assumed global responsibility for Procter & Gamble's beauty business, thereby becoming the first woman to reach a president-level position in the company.[2][3] She stepped down from her position at Procter & Gamble on September 1, 2009.[4]

Between 2013 and 2021, Arnold served as an operating executive ofThe Carlyle Group.[5] She is based in New York. Arnold has served on theboard of directors ofThe Walt Disney Company since 2007,[6] as well as the Carlyle portfolio investments companyNBTY, The Nature's Bounty Co. She has also been a member of the Board of Directors ofMcDonald's Co. since 2008. In 2004 she became Vice Chairman ofProcter & Gamble and President of the company in 2007.[7][8][9]

On December 1, 2021,[10][6] Arnold was appointed to replaceBob Iger as chair of the board atThe Walt Disney Company and became the first woman to be appointed to this position in the 98-year history of Disney.[11][12] She was elected chair on December 31, 2021.[13] On January 11, 2023, Disney announced that Arnold would no longer serve as the board's chair after the next annual shareholder meeting and would be replaced by former Nike CEOMark Parker.[14][15]

Personal life

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Arnold is openly lesbian.[16][17] Since 2002, she has been listed onFortune magazine's 50 Most Powerful Women in Business as #7 in 2008. In 2004 and 2005, she was listed on theWall Street Journal's 50 Women to Watch. She was listed multiple times on the Forbes list of The World's Most Powerful Women and in 2005 she was No. 16 onForbes'The World's 100 Most Powerful Women list. She served for several years on the executive committee ofCatalyst, a nonprofit organization working toward the advancement of women in business.[7][8] In June 2022, she was recognized by the International Hospitality Institute on the Global 100 in Hospitality as one of the 100 Most Powerful People in Global Hospitality.[18]

References

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  1. ^"Susan E Arnold, Walt Disney Co: Profile and Biography - Bloomberg Markets".Bloomberg. Retrieved2022-09-10.
  2. ^Neff, Jack (9 March 2009)."Susan Arnold to Retire From P&G". Retrieved28 November 2023.
  3. ^"Procter & Gambles Susan Arnold to retire".Marketing Week. 10 March 2009. Retrieved28 November 2023.
  4. ^Vanac, Mary (9 March 2009)."Procter & Gamble veteran Susan Arnold steps down as global business president".MedCity News. Retrieved28 November 2023.
  5. ^Steinberg, Brian (1 December 2021)."Susan Arnold Will Take Disney Chairman Role After Bob Iger's Departure".Variety. Retrieved28 November 2023.
  6. ^ab"Susan Arnold Named Chairman of the Board of The Walt Disney Company, Effective December 31". Walt Disney Company. December 1, 2021. RetrievedDecember 13, 2021.
  7. ^ab"The Walt Disney Company - Susan Arnold Biography". RetrievedSeptember 27, 2007.
  8. ^ab"Susan Arnold, The Most Powerful Women - Forbes.com". Archived fromthe original on January 18, 2008. RetrievedSeptember 27, 2007.
  9. ^Blakeley, Kiri."Procter & Gamble's Arnold Resigns".Forbes. Retrieved2025-08-28.
  10. ^Bursztynsky, Jessica (1 December 2021)."Disney names Susan Arnold as board chair, replacing Bob Iger". CNBC. Retrieved13 December 2021.
  11. ^"Disney appoints woman as chair for first time in 98-year history".BBC News. 2 December 2021.
  12. ^Palmeri, Christopher (3 December 2021)."Susan Arnold: After 98 years, Walt Disney gets first woman chair".Business Standard India.
  13. ^"Susan Arnold Named Chairman of the Board of The Walt Disney Company, Effective December 31". Walt Disney Company. December 1, 2021. RetrievedDecember 13, 2021.
  14. ^Maas, Jennifer (2023-01-11)."Mark Parker Named Disney Chairman, Succeeding Susan Arnold; Board Opposes Nelson Peltz's Attempt to Join".Variety. Retrieved2025-08-28.
  15. ^Goldsmith, Jill (2023-01-11)."Disney Elects Mark Parker Board Chairman, Replacing Susan Arnold; Faces Proxy Fight As Activist Investor Nelson Peltz Seeks A Seat".Deadline. Retrieved2025-08-28.
  16. ^Rhiza Dizon, 'Sears or Playboy May Get Gay CEO',The Advocate, March 10, 2009"Archived copy". Archived fromthe original on 2009-03-15. Retrieved2009-03-11.{{cite web}}: CS1 maint: archived copy as title (link)
  17. ^Marc Gunther, 'Queer Inc.: How Corporate America fell in love with gays and lesbians. It's a movement.',CNN, November 30, 2006[1]
  18. ^Mix, Pulse (2022-08-01)."Dr Jeffrey Obomeghie and Dupe Olusola among the 100 most powerful people in global hospitality".Pulse Nigeria. Retrieved2022-08-03.
Business positions
Preceded by Disney chairman
2021–2023
Succeeded by
Company
officials
Key
Board of
directors
Entertainment
Studios
Television
Disney Branded
Television
ABC Entertainment
National Geographic
Global Networks
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Production studios
Other units
Streaming
Distribution
ABC TV Stations
International
Other assets
Experiences
Parks and
resorts
Experiences
Consumer
Products
ESPN Inc.(80%)
Other assets
Former/defunct
units and
predecessors
Related
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