FuboTV Names Disney Executive Alisa Bowen as CEO

Streaming firm FuboTV (NYSE: FUBO) on Thursday named Disney (NYSE: DIS) executive Alisa Bowen as CEO effective July 10, replacing company veteran David Gandler.

Background

Alisa Bowen, 53, joins FuboTV from Walt Disney, 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, Dow Jones, and Thomson Reuters.

Reasons for Change

FuboTV did not disclose specific reasons for replacing Gandler, who co-founded the company and led it for years. The change comes as the company seeks to strengthen its position in the competitive streaming market.

Impact on Company

Bowen's experience managing major streaming platforms is expected to help FuboTV refine its competitive strategy. Her Disney background could also open doors for potential partnerships.

Market Reaction

No immediate stock reaction was reported, but investors may view the appointment as a positive step toward enhancing management expertise.