×

Wealth Management Exec Maria Elena Lagomasino Joining Disney Board

Financial services executive Maria Elena Lagomasino has been appointed to the board of the Walt Disney Company as an independent director, Disney CEO Bob Iger announced Tuesday.

Lagomasino will join the board of the world’s dominant entertainment conglomerate on Dec. 1 and will then stand for election, with other directors, at the company’s next annual meeting.

Lagomasino is the CEO and managing partner of the financial advisory firm she founded, WE Family Offices. Before creating the wealth management concern, she served as chairman and CEO of JP Morgan Private Bank. She started at Citibank in 1977, moved to Chase Manhattan in 1983 and was named  head of Chase’s worldwide private banking business in 1997. She took the CEO post at JP Morgan when the investment bank merged with Chase.

In announcing the appointment, Iger called Lagomasino “a respected leader in the finance and investment field,” while also citing her “keen understanding of global consumer brands.”

“Disney is a brand that embodies the values I believe in, with its unwavering commitment to creating high-quality entertainment, exceeding consumer expectations and delivering outstanding financial performance for its shareholders,” Lagomasino said.

Lagomasino also sits on the boards of the Coca-Cola Company, Avon Products, Inc., and the Americas Society. She is also a member of the Council on Foreign Relations. Private Asset Management named Lagomasino in August one of the 50 most influential women in wealth management.

She earned her B.A. at Manhattanville College, an M.S. at Columbia University and an M.B.A. at Fordham University.

Popular on Variety

More Film

  • Leonardo Dicaprio Once Upon a Time

    Leonardo DiCaprio's Earth Alliance Commits $5 Million to Amazon Fires

    Earth Alliance, an environmental initiative backed by Leonardo DiCaprio, has committed $5 million toward the preservation of the Amazon rain forest following an alarming surge in wildfires. After launching Sunday, the organization’s emergency Amazon Forest Fund is working to support local partners and indigenous communities in their efforts to protect the sensitive habitats within the [...]

  • (from left) Luke Hobbs (Dwayne Johnson)

    Box Office: 'Hobbs & Shaw' Scores $102 Million Debut in China, Nears $600 Million Globally

    Universal’s “Hobbs & Shaw” returned to first place on the international box office charts, thanks to a massive $102 million debut in China. The “Fast & Furious” spinoff, starring Dwayne Johnson and Jason Statham, collected another $120 million overseas, boosting its foreign tally to $441 million. “Hobbs & Shaw” is nearing the $600 million mark [...]

  • Angel Has Fallen

    Box Office: 'Angel Has Fallen' Rises to No. 1 With $21 Million Debut

    “Angel Has Fallen,” the third chapter in Lionsgate and Millenium’s action franchise starring Gerard Butler, had a stronger opening weekend than expected, collecting $21.25 million during its first three days of release. Those ticket sales were enough to top domestic box office charts, bumping last weekend’s champ, Universal’s comedy “Good Boys,” to second place. Starring [...]

  • Amanda

    ‘Amanda’ Takes Home Best Int’l Film at 15th Sanfic

    SANTIAGO, Chile    French director Mikhael Hers’ “Amanda” scooped up the Best Int’l Film award Saturday (Aug. 24) at the 15th Santiago Int’l Film Fest (Sanfic), which reported a 20% audience uptick in the past two years and continues to grow its reputation as the most vibrant and prominent film festival in Latin America’s Southern [...]

  • disney d23

    Cruella, Kit Harington and Black Panther's Return: Everything We Learned at D23 Day Two

    Not to be outdone by the avalanche of series orders and casting announcements bolstering the new streaming series Disney Plus, Walt Disney Studios showed off its film wares in a marathon presentation at D23 on Saturday. The Anaheim, Calif. expo brought star power, if perhaps fewer surprises than Friday’s presentation, as fans in princess and [...]

  • Harvey Weinstein, Katie Holmes, Taylor Swift'The

    Taylor Swift Downplays Association With Harvey Weinstein

    Taylor Swift’s association with disgraced movie mogul Harvey Weinstein was among the topics the singer addressed in a revealing new interview with The Guardian. Weinstein held producer credits for the movies “One Chance” and “The Giver,” both of which featured Swift — in the former, a song, and in the latter, a supporting role. She [...]

More From Our Brands

Access exclusive content