The Walt Disney Company: Best Corporate Treasury Management Team United States 2019
One of the world’s most beloved entertainment brands, the Walt Disney Company has a storied past nearly a century long. What began as a family-owned cartoon studio has grown into a multinational publicly-traded company spanning four segments: Media Networks; Parks, Experiences and Products; Studio Entertainment; and Direct-to-Consumer and International. The company is home to creative spirits and tech superstars who bring storytelling to life — and financial experts who are next-level mages in matters of money. Disney’s Corporate Treasury Department is responsible for billions in working capital, financing, foreign currency exposure, and retirement assets. A team of experienced financing, financial risk, and investment managers strives to keep the company on a sound fiscal footing. The department experiences low turnover and high engagement, with regular opportunities for employees to cross train and sharpen skills. The enduring stability of the team encourages long-term relationships with rating agencies based on honesty and integrity. The Walt Disney Company can chalk up 2019 as a milestone year of transformation, and the treasury team was instrumental. The Company strengthened its offerings with the acquisition of 21st Century Fox, which follows on Disney’s prior acquisitions of Pixar (2006), Marvel (2009), and Lucasfilm (2012). This top-tier selection of exclusive content bodes well for the company’s recently launched streaming service, Disney+. The CFI.co judging panel notes that business is booming across the brand — leading the judges to present The Walt Disney Company with the 2019 award for Best Corporate Treasury Management Team (United States).