The company is set to report its latest quarterly earnings on Wednesday.
Like all companies, Disney is dealing with high interests rates and inflation.
Wall Street entertainment analyst Doug Creutz of TD Cowen called Johnston a strong pick.

Hugh F. JohnstonCourtesy of Disney
that Disney has brought in an outsider to serve in a key executive role.
Neither last very long.
At the current critical juncture, a fresh perspective may do the company some good.

An SEC filing noted details of the execs employment agreement.