AI English summary of an SEC filing — figures as filed

The company said it exercised its right to terminate the employment of Kristina K. Schake, Senior Executive Vice President and Chief Communications Officer, without cause, effective as of March 19, 2026, February 20, 2026.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Feb 24, 2026Period of report Feb 20, 2026Summary published (UTC) Oct 3, 2026

Key points

AI summary

The company said it exercised its right to terminate the employment of Kristina K. Schake, Senior Executive Vice President and Chief Communications Officer, without cause, effective as of March 19, 2026, February 20, 2026.
The company said Schake will receive separation benefits payable under the terms of her previously disclosed employment agreement.
In a press release on February 24, 2026, the company said Schake will depart after March 18, 2026, coinciding with the end of Bob Iger's tenure as Chief Executive Officer. It said it will announce her successor at a later date.
The company said Schake served in communications roles for about 4 years after joining in 2022, including Iger's return as CEO, the defense against two proxy challenges, streaming profitability and the integration of Hulu into Disney+, and the announcement of a new theme park resort in Abu Dhabi.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Kristina K. Schake Employment Termination

The company said it exercised its right to terminate the employment of Kristina K. Schake, Senior Executive Vice President and Chief Communications Officer, without cause, effective as of March 19, 2026, February 20, 2026.

Source · Based on the filing body and exhibits

Separation Benefits Under Previously Disclosed Employment Agreement

The company said Schake will receive separation benefits payable under the terms of her previously disclosed employment agreement.

Source · Based on the filing body and exhibits

Departure Timing in Press Release and Successor Announcement Plan

In a press release on February 24, 2026, the company said Schake will depart after March 18, 2026, coinciding with the end of Bob Iger's tenure as Chief Executive Officer. It said it will announce her successor at a later date.

Source · Based on the filing body and exhibits

Schake's Key Communications Roles During Her Tenure

The company said Schake served in communications roles for about 4 years after joining in 2022, including Iger's return as CEO, the defense against two proxy challenges, streaming profitability and the integration of Hulu into Disney+, and the announcement of a new theme park resort in Abu Dhabi.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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