FuboTV names Disney's Bowen CEO, removes veteran Gandler (updated)
UPDATE 1-FuboTV names Disney's Bowen CEO, removes veteran Gandler Rewrites paragraph 1 to include details, adds details from paragraphs 2
July 9 (Reuters) - Streaming firm FuboTV FUBO.N on Thursday named Disney executive Alisa Bowen as CEO effective July 10, while removing company veteran David Gandler as top boss.
Bowen, 53, joins FuboTV from Walt Disney DIS.N, where she served as president of the media giant's streaming platform Disney+ since September 2022. Her career also includes leadership positions at News Corp Australia NWSA.O, Dow Jones and Thomson Reuters TRI.TO.
Gandler co-founded FuboTV in 2015 with Alberto Horihuela and Sung Ho Choi and has served as the company's CEO since its founding.
"Alisa is a proven operator who brings nearly 30 years of product, digital and operational experience, including leadership across Disney+, Hulu and ESPN+," said Andy Bird, chairman of the board.
Under her employment agreement, Bowen is expected to receive an annual base salary of $1.58 million and would be eligible for an annual performance bonus targeted at 120% of her base salary, according to a regulatory filing.
FuboTV said that Gandler, whose employment as CEO of the company ended on July 9, will receive severance benefits as per his employment agreement.
Gandler also resigned from his position on FuboTV's board and his nomination for re-election at the upcoming annual meeting has been withdrawn, the company said.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Jonathan Ananda)
((Jaspreet.Singh@thomsonreuters.com; on X @i_jass;))
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