news 4 days ago

Sandberg, Dorsey to leave the Disney board

The Associated Press

BURBANK, Calif. (AP) — Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey will be leaving the board of The Walt Disney Co. Neither executive will stand for re-election at the company's annual meeting in March.

A Disney spokesperson says it has become "increasingly difficult for them to avoid conflicts relating to board matters."

With Disney planning to put ESPN online, Twitter live-streaming sports like NFL football, and Facebook prioritizing live video, online video is a likely area of overlap.

The pending departure of the two Disney board members was revealed in a securities filing Friday.

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