Disney Names Karandeep Anand as First-Ever CTO

ManagementProduct / Tech
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Summary · why it matters

The Walt Disney Company named Karandeep Anand as its first-ever chief technology officer on Friday, filling a newly created senior executive vice president role that reports directly to Chief Executive Officer Josh D'Amaro. Anand, most recently CEO of Character.AI, starts Oct. 2 and will oversee enterprise technology, infrastructure, data and AI platforms, product, and engineering, coordinating with technology teams across Disney's segments. A number of Character.AI's technical staff members are also expected to move to Disney with him. Anand previously served as president and chief product officer at the financial technology firm Brex, held senior roles at Meta's Facebook, most recently vice president of ads and business products, and spent 15 years at Microsoft helping build the Azure cloud-computing platform. The hire comes as D'Amaro, who became CEO in March, pushes technology as a central growth driver, with Disney+ at the center of that strategy. Disney had not previously held a company-wide CTO position; the most senior technology post had been held by Adam Smith, who was promoted Thursday to chairman of direct-to-consumer for Disney Entertainment.

Impact on stocks 4

Communication Services · 1 stocks
Walt Disney Company
DIS
▲ PositiveTechnologyrelevance

Disney names its first-ever CTO to oversee enterprise tech, data and AI platforms, with Disney+ central to the tech-driven growth strategy.

Real Estate · 1 stocks
Spatial Computing / AR/VR · 1 stocks
Artificial Intelligence · 1 stocks

Off-coverage companies 2

Character.AIPrivate▼ Negative
Competitionrelevance

Character.AI loses its CEO and a number of technical staff members to Disney.

BrexPrivate± Mixed
relevance