Disney's ABC chief leaving; Facebook's Sandberg reportedly a CEO candidate

Anne Sweeney, the head of Disney's (DIS) ABC unit and the co-chair of its cable network ops, tells the Hollywood Reporter in a joint interview with CEO Bob Iger she's leaving by year's end to become a TV director.

Iger suggests Sweeney's replacement will be an internal hire, and that a decision will be made quickly. "My goal is to do it fast because Anne and I both feel that getting someone in the job while pilot season is in full swing [through May] so that they can at least have some direct experience..."

Meanwhile, the NY Post reports Facebook (FB) COO/ad chief Sheryl Sandberg, already a Disney board member, has "had conversations about her interest" in becoming Disney's CEO following Iger's planned 2016 departure.

Though CFO Jay Rasulo and parks chief Thomas Staggs have been viewed as the media giant's top CEO candidates, the board reportedly wants to "cast a wider net."

The Daily Mail reported last week Sandberg was planning a 2016 California Senate run. But a source close to Sandberg denied the report to Business Insider soon afterwards.

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Comments (3)
  • anil92691
    , contributor
    Comments (674) | Send Message
    If Sandberg has interviewed for this position, Facebook should name her replacement immediately whether she takes that position at Disney or not. She could retire and maintain her quality of life without earning another dime. For a very well paid employee, their should be no reason to second guess loyalty.


    Such reports impact stock price.
    11 Mar 2014, 07:15 PM Reply Like
  • Trader's Profit Compass
    , contributor
    Comments (2068) | Send Message
    IMO most of the time people's motivations have little to do with money and more to do w/ EGO and self satisfaction. Satisfaction of tackling a new challenge or being captain of the ship for example. No matter how well she's paid, she'll always be #2 to Zuck, and that simple fact might bug the crap out of her. if she leaves, it wont be because of $$$.
    12 Mar 2014, 05:47 AM Reply Like
  • robhat3
    , contributor
    Comments (4) | Send Message
    The day Sandburg becomes CEO of Disney is the day I sell all my shares.
    12 Mar 2014, 11:15 AM Reply Like
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