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Iger Demotes Disney's Chief Strategist

A report in the Los Angeles Times states that Disney Corporation Chief Strategic Officer Peter E. Murphy has been demoted within the company as part of a reorganization led by incoming CEO Robert E. Iger (free registration required). Murphy’s strategic planning unit will also be dramatically downsized. The move is seen as a way for Iger to distance himself from the outgoing Eisner regime and grant more decision-making power to Disney’s division heads.

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