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Disney govt Kareem Daniel joins McDonald’s increasing board

Kareem Daniel

Supply: Enterprise Wire

Disney’s Kareem Daniel is the fourth new director to affix McDonald’s board this 12 months.

The fast-food large introduced Monday that the greater than 15-year Disney veteran is the 15th member of its board, efficient Oct. 1.

Daniel at the moment leads Disney’s media and leisure distribution group, overseeing the expansion of its streaming companies, TV channels and theatrical movie distribution. He is thought of Disney CEO Bob Chapek’s right-hand man.

Beforehand, Daniel held management roles on the corporate’s company technique, Walt Disney Imagineering and shopper merchandise, video games, and publishing groups. He is a local of Chicago, the place McDonald’s is headquartered.

In August, McDonald’s stated longtime director Sheila Penrose was retiring, a call that got here after billionaire investor Carl Icahn tried to supplant her by means of a proxy combat. The corporate concurrently introduced the appointment of three new board members, who assumed their seats on Saturday.

CNBC’s Alex Sherman contributed to this report.

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