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DIS Walt Disney Co

113.95
1.33 (1.18%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walt Disney Co NYSE:DIS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.33 1.18% 113.95 114.11 112.7996 113.63 7,411,117 01:00:00

ABC Advertising Sales Chief Geri Wang To Step Down

08/12/2016 10:10pm

Dow Jones News


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ABC's advertising sales chief Geri Wang is stepping down from network, becoming the latest TV ad executive to head for the exits in recent months.

"It has been an honor and a privilege to represent ABC for these past 27 years," Ms. Wang said in a statement. ABC did not name a successor for Ms. Wang, who will leave the network in March of next year.

The network said it was Ms. Wang's decision to retire from ABC.

Ms. Wang, who was promoted to president of ABC sales in 2010, joins a growing list of ad sales executives to leave big TV networks recently. In September, TV veteran Toby Byrne announced his exit from Fox Networks Group and AMC's Arlene Manos said she would move to a president emeritus role. NBC Sports Group's Seth Winter said he would step down from his role as well.

Viacom's former ad sales chief Jeff Lucas left for Snap Inc. over the summer, while Discovery's Joe Abruzzese announced in July that he would retire at the end of the year.

Ms. Wang's departure comes as TV companies gear up for the annual spring "upfronts," where networks show off their new fall shows to advertisers in the hopes of securing billions of dollars in ad commitments.

Write to Steven Perlberg at steven.perlberg@wsj.com

 

(END) Dow Jones Newswires

December 08, 2016 16:55 ET (21:55 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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