Oracle's Safra Catz among two new members named to Disney board
(Reuters) - Media company Walt Disney Co (>> Walt Disney Company (The)) on Thursday named Oracle Corp's <ORCL.O> chief executive, Safra Catz, and her counterpart at Illumina Inc (>> Illumina), Francis A. deSouza, to its board.
Disney said their election would be effective Feb. 1 but it was yet to decide on which committees they would serve on.
The election of the two new members comes at a time when Disney is said to be in the lead to acquire much of Twenty-First Century Fox Inc's (>> Twenty-First Century Fox) media empire.
Disney Chief Executive and Chairman Bob Iger contemplates on extending his tenure past 2019 to facilitate the integration of Fox's assets if a deal is completed, the Wall Street Journal reported on Wednesday.
(Reporting by Arjun Panchadar in Bengaluru; Editing by Anil D'Silva)