Consumer

Disney Hires PepsiCo Vet as CFO Amid Iger Succession Search

  • Soft drink executive brings financial and operational resume
  • Company’s contract with current chief Iger runs through 2026
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Walt Disney Co. named Hugh Johnston as chief financial officer, bringing in an experienced consumer-products leader at a time when it’s seeking a successor to current Chief Executive Officer Bob Iger.

Johnston, 62, currently vice chairman and CFO of PepsiCo Inc., starts on Dec. 4, the company said in a statementBloomberg Terminal on Monday.