REUTERS

Archived: Disney Board Elects Mastercard's Michael Froman as Newest Director

Originally Published by The Walt Disney Company.

The Walt Disney Company Board of Directors announced the election of a new director: Ambassador Michael Froman, Vice Chairman and President, Strategic Growth at Mastercard. The election of Mr. Froman to the Board is effective immediately.


“Given his broad experience and extraordinary career spanning both the public and private sectors, Mike brings a unique perspective that will be extremely valuable as we continue to build the future of Disney,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “In particular, his keen insights into finance, international trade, and government partnerships make him a great fit for our Board during this dynamic era of innovation and global growth.”

Mr. Froman said: “The Walt Disney Company is an iconic brand that has the power to inspire generation after generation. I am honored to join the Board and share my experiences and insights to help this great company explore new opportunities around the world.”

Mr. Froman was named Vice Chairman and President, Strategic Growth at Mastercard in April 2018. In this role, he is responsible for building and expanding strategic partnerships and advancing the company’s efforts to partner with governments, NGOs and other institutions to address major societal and economic issues. Mr. Froman also oversees Mastercard’s Center for Inclusive Growth, which works to ensure economic growth opportunities are extended to all segments of society.

Before joining Mastercard, Mr. Froman served as US Trade Representative from 2013 to 2017, negotiating major international trade partnerships and investment opportunities on behalf of the United States. Prior to taking that post, Mr. Froman served as assistant to the President and deputy national security advisor for international economic affairs under President Barack Obama. Mr. Froman’s previous private sector experience includes several leadership positions at Citigroup, including CEO of CitiInsurance and COO of Citi’s $50 billion alternative investments business. Earlier in his career, Mr. Froman served in the Clinton administration, holding positions both at the US Department of Treasury and the White House.

He currently serves as a Distinguished Fellow of the Council on Foreign Relations.

Latest News

5 Biggest News Stories of the Week: July 1

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. A Recap of…

Essence Festival Kicks Off Weekend of Celebrating Black Joy and Culture

Essence Magazine’s annual celebration of Black women and culture got underway with a press conference at the Ashes Powerhouse Theater in New Orleans on Thursday. Essence Festival, known as the “party with a purpose,” was started in 1995 as a one-off event to celebrate Essence Magazine’s 25th anniversary. Over the…

Champions of Pride Part Four: Trailblazers

Pride Month is a time to reflect on the trailblazers, freedom fighters, and history makers who fought valiantly to increase inclusion and representation for the LGBTQ+ community, and who have paved a way for a better tomorrow for future generations. In the last installment of our four-part series celebrating Champions…

PwC on Marching for LGBTQ+ Inclusion

Originally published at pwc.com. PwC is a Hall of Fame company.   Setting the scene In recent years, societies worldwide have seen a growing culture of respect and inclusion for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people — a positive development supported in some cases by improved legal rights….

Mastercard Advances ESG Commitments, Outlining Progress in Annual Sustainability and DEI Reports

Originally published at mastercard.com. Mastercard ranked No. 2 on The DiversityInc Top 50 Companies for Diversity list in 2022.   Mastercard released its 2021 Corporate Sustainability and Diversity, Equity and Inclusion (DEI) reports, highlighting the company’s impact across Environmental, Social and Governance (ESG) to build a sustainable and inclusive digital…