Walt Disney Co. appoints new veep, chief financial officer.Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. appoints new veep, chief financial officer In a rapid rise through the ranks, Richard Nanula Richard Nanula has served as Chief Financial Officer of Amgen Inc. (biotechnology) since August 2001 and as Executive Vice President since May 2001. On April 10, 2007 Amgen announced that he would be resigning from his position "to pursue other opportunities" He will be at Amgen just landed the job of senior vice president and chief financial officer of the Walt Disney Co. in Burbank. He takes the post after spending two years as vice president and treasurer and succeeds Judson Green, who now heads Walt Disney Attractions. As the person holding the purse strings, Nanula, 31, contends he "will continue to work on creative financing" for the company, noting that expenditures for the year will probably approach $800 million. Although many other entertainment companies are in dire straights, Disney's strength comes from being a consumer products company, Nanula said. "The movie business is just a small part of what we do," he said. "We have an awful lot of growth in theme parks and hotels," he said. Before joining Disney in 1986 as a senior planning analyst, Nanula held finance posts at Deloitte Haskins & Sells and the Coca-Cola Co. A graduate of the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Santa Barbara, he also has an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard Graduate School of Business and is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . PHOTO : Nanula: Will continue to work on creative financing for the company |
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