Fabrice Coffrini | AFP | Getty Images
Sheryl Sandberg, Chief Operating Officer of Facebook
Walt Disney Co. said late Friday that Sheryl Sandberg and Jack Dorsey will be re-nominated to its board, quoting conflicts of interest as Facebook and Twitter push further to Disney’s businesses.
In its annual proxy filing The media giant said it would propose a slate of 10 directors at its annual shareholder meeting, and neither Sandberg, the Facebook COO, nor Twitter Dorsey CEO were included on it.
In a statement, Disney made to measure by the social media companies to produce or license an increasing amount of media and entertainment content.
“Ms. Sandberg and Mr. Dorsey are in the process of being elected by the Board, and they are not standing for re-election,” the statement said.
Twitter last year signed a deal with the NFL for a 30-minute digital show that it’s a week during the league’s season. Facebook live-streamed 15 college-football games in 2017 in a deal with Stadium, a digital sports broadcaster. Disney’s ESPN broadcasts both pro and college football games.