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.

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