Hong Kong theme park opening next September
Disney has named former Johnson & Johnson executive Stanley Cheung to head its Chinese operations.Cheung, 46, who ran Johnson & Johnson’s consumer business in China, will become managing director of Walt Disney Co. (China), the company said in an e-mailed statement. “China is of great strategic importance to Disney,” Andy Bird, president of Walt Disney International, said in the statement. Disney’s Hong Kong theme park, its first in Asia outside of Tokyo and its third outside the U.S., opens next September. Before joining Johnson & Johnson, Cheung worked in the Shanghai offices of Pillsbury Co., where he managed North Asian operations.