The Walt Disney Company, commonly known as Disney, is a multinational media and entertainment conglomerate based in Burbank, California. It was founded in 1923 by Walt and Roy Disney, and today it is one of the largest and most successful media companies in the world. Disney operates a wide range of businesses, including theme parks, film and television production, and media networks, and it has a complex organizational structure that reflects its diverse range of operations.
At the top of Disney's organizational structure is the Board of Directors, which is responsible for the overall direction and management of the company. The Board is composed of independent directors, who are elected by the company's shareholders, and executive directors, who are appointed by the Board. The Board is chaired by the CEO, who is responsible for the day-to-day management of the company and for implementing the strategies and policies approved by the Board.
Under the CEO, there are several divisions and subsidiaries that oversee different aspects of Disney's business. One of the main divisions is the Parks, Experiences and Products division, which is responsible for the operation of Disney's theme parks, resorts, and other vacation experiences, as well as the development and sale of Disney-branded products. Another division is the Media Networks division, which includes Disney's television and cable networks, such as ABC, ESPN, and the Disney Channel. The Studio Entertainment division is responsible for the production and distribution of Disney's films and television shows, while the Direct-to-Consumer & International division is responsible for the distribution of Disney's content through streaming platforms and international channels.
Within each division, there are various departments that handle specific functions, such as marketing, finance, and human resources. These departments are led by executives who report to the divisional heads and ultimately to the CEO.
Disney's organizational structure also includes a number of subsidiaries, which operate as independent companies but are owned by Disney. Some examples of Disney subsidiaries include Lucasfilm, which produces the Star Wars franchise, and Marvel Entertainment, which produces superhero films and television shows.
Overall, Disney's organizational structure reflects the company's complex and diverse operations, with various divisions and subsidiaries working together to create and distribute high-quality entertainment content and experiences.