DIS ▼ -1.3% - The Walt Disney Company $DIS - Adam Smith Named Chairman, Direct-to-Consumer, Disney Entertainment Disney shares fell 1.3% following the announcement that Adam Smith has been named Chairman of Direct-to-Consumer and Disney Entertainment, a significant leadership restructuring within the company's streaming and entertainment divisions. The executive change comes as Disney continues to navigate its streaming business strategy and profitability challenges in the highly competitive market. 17-SEP-2026 05:07 PM ET