December 2, 2021. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. from 1999 to present. He then joined Disney and became the CEO in 2005. His attempt to keep out of the spotlight had failed. Venture capitalists swap Paris Hilton for Al Gore, US blacklisting is no match for TikTok virality, Editing by Lauren Silva Laughlin and Sharon Lam, Theres hope beyond moaning for European telcos, Adani contrarian is a win for Hindenburg, too, Exclusive news, data and analytics for financial market professionals. Staffers are told to reject equality for equity and must reflect on Americas racist infrastructure and think carefully about whether or not [their] wealth is derived from racism, according to the documents. There was talk of him serving as ambassador to China, but that never came to be. Mr. Parker will also chair a newly created Succession Planning Committee of the Board, which will advise the Board on CEO succession planning, including review of internal and external candidates. Chairman of the board Bob Iger leaves at the end of 2021. Disneys in a big moment of transition. Walt Disney named former Carlyle Group and Procter & Gamble Co. executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from the company. "Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity, and expert judgment have been invaluable to the Company since she first joined the Board in . Arnold has been on Disney's board for 14 years and has served as the independent lead director since 2018. She'll succeed Bob Iger, who stepped down as Disney CEO early last year. Warner Bros. golden ticket: Will they make new Lord of the Rings films? The . Investors are allowed delcare opposition board candidates to push change, leading to a whats called a proxy fight. Includes location, related records, political party, and more. When is Eurovision and how do you get tickets? American businessperson, an operating executive of The Carlyle Group, and chair of the Walt Disney Company. Disney has a new board chair, and she's a gay woman. Join Facebook to connect with Susan Arnold and others you may know. The Fair Political Practices Commission is looking at whether former Gov. Iger led Disney for 15 years before stepping down in 2020. . For the last eight years Ms Arnold has been an executive at Carlyle Group, having previously held roles at consumer goods giant Procter and Gamble and fast food chain McDonald's. Disney has named board member Mark Parker its new chairman, succeeding Susan Arnold. If anything it made Disney more vulnerable because employees and other stakeholders expected the company to live up to its own expressed values. She is based in New York. That puts her well above the average tenure of directors at companies in the S&P 500 Index, which stands at nearly 8 years, according to executive search firm Spencer Stuart. Parker, a Disney board director since 2016 and current executive chairman of Nike, will succeed Susan Arnold, a veteran business leader who is not standing for reelection due to . The C.E.O.s who say something but then follow it up with a real resource commitment and explain why theyre doing it employees that agree are engaged and excited, Kropp said. "The Street likes Mr. Iger almost as much . Susan E. Arnold has been President--Global Business Units of Procter & Gamble since 2007. The great irony of this is that the people who are in charge of Disney are some of the richest and most powerful and privileged white males in the history of humanity and they are pushing this divisive, critical race theory based ideology as corporate dogma and the only end of this is division. Worries about a new Covid-19 variant threatens the companys fragile theme park recovery. 2023 FOX News Network, LLC. The retailer Hobby Lobby is avowedly conservative, while the grocery chain Trader Joes is popular with liberals. The Board does not endorse the Trian Group nominee, and recommends that shareholders not support its nominee, and instead vote FOR all the Companys nominees, Disney said. I interviewed Brian Kropp, chief of research in Gartners human resources practice. Arnold is leaving her position as operating executive at the Carlyle Group (CG.O) as she steps up to lead the Disney board. Disney is pushing critical race theory on employees through a new plan called "Reimagine Tomorrow," urging workers to recognize their . As Chapek noted in his memo, Disney has earned a 100 percent rating from the Human Rights Campaign for the past 16 years. In a note published today, called Restore The Magic, Trian said Disney is at a crossroads. Also known as. Philosopher. One C.E.O. Staffers should not rely on your black colleagues to educate you, which is emotionally taxing, the docs reportedly instruct. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. FAQ - New Privacy Policy, New York Posts Karol Markowicz discusses how Disney is pushing back against Floridas parental rights bill and how she is quitting the park on Fox Business Tonight., FIRST ON FOX: A conservative legal group set up by former Trump adviser Stephen Miller on Tuesday sent a letter to The Walt Disney Company Chair Susan Arnold accusing company executives of choosing to "discriminate," "alienate the Companys core customers" and even "violate the law.". NEW YORK, Dec 2 (Reuters Breakingviews) - Walt Disney (DIS.N) has finally found its new board leader. The move comes as the company faces a proxy fight with an influential activist shareholder. Anyone can read what you share. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. "The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period," said Susan Arnold, Disney's chairman (who will keep that title), in a written statement. By Prince Akoenyenu November 21, 2022. All quotes delayed a minimum of 15 minutes. Quotes displayed in real-time or delayed by at least 15 minutes. "Our goal as a company is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national and state organizations working to achieve that. Igers transition from boss and chairperson has been in the works at least since February 2020, when Chapek replaced Iger as chief executive. Susan E. Arnold was formerly an operating executive of The Carlyle Group, an equity investment firm. Disney employs many high-profile LGBTQ+ rights advocates both behind and in front of the camera, and its board is led by a gay woman, Susan Arnold, who succeeded Iger as chairman in December. Mr Iger's exit marks the end of an era for Disney, who has been in a senior role at the company since 1996. As we have seen time and again, he wrote, corporate statements do very little to change outcomes or minds. Read about our approach to external linking. In the vehicle market, certain brands (Subaru, Honda) appeal more to liberals and others (Ford, GMC) appeal more to conservatives, albeit without getting political themselves. -. The Walt Disney Company announced Wednesday that it has elected Susan Arnold to be its next chairman of the board, making her the first woman to helm the corporation in its 98-year history. Iger has been key in making Disney into a social media powerhouse through acquisitions and content plays. political party, a group of persons organized to acquire and exercise political power. Walt Disney Co. named former Carlyle Group executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from. The far-left turn by the house of Mickey Mouse has led to sky-high tensions, but staffers are terrified about speaking out against the ideology, multiple employees told City-Journal. Susan Arnold will succeed Bob Iger as the next Disney chairman. Mr. Parker served as NIKEs Chairman and CEO until 2020, when he became Executive Chairman. Got a confidential news tip? Disney shares were down 41 percent this year, as of November 9, with even the company's streaming platform Disney+, which remains hugely popular, reporting an operating loss of $1.47 billion. Susan E. Arnold has been President--Global Business Units of Procter & Gamble since 2007. Susan Arnold (Q535362) Susan Arnold. Iger has been gradually removing himself from active . What science tells us about the afterlife. Yes, even on a piece of state legislation that did not directly involve Disney. It can decide to fight the addition of 1 qualified Board member, OR work together with Trian to create sustainable, long-term value at Disney., We believe that current investor sentiment on Disney is low, reflecting the hard truth that Disney is a company in crisis and faces many challenges that weigh on the Companys investment prospects., While we acknowledge that Disney, like many media companies, is undergoing a challenging pivot to streaming, we believe that many of the Companys current problems are self-inflicted and need to be addressed Trian believes that it is well positioned to facilitate positive change at Disney given our experience investing in and serving on the board of directors of blue-chip companies, and working collaboratively with management teams and boards to optimize corporate governance, strategy, operations and capital allocation., Mark Parker is an incredibly well-respected leader who over seven years as a Disney director has helped the Company effectively navigate through a time of unprecedented change, Arnold said. Walt Disney has elected a woman to chair its board for the first time in the entertainment giant's 98-year history. Mr. Igers mandate is to use his two-year term and depth of experience in the industry to adapt the business model for the shifting media landscape, rebalancing investment with revenue opportunity while bringing a renewed focus on the creative talent that has made The Walt Disney Company the envy of the industry. That stands in contrast to Twitter, which on Monday elected read more Bret Taylor as its chairperson. Another activist investor, Dan Loeb, agitated last year for Disney to spin off or sell ESPN but backed off in September saying he had a better understanding of the assets value to the broader company. The Walt Disney Company remains open to constructive engagement and ideas that help drive shareholder value. 10. Gov. Among measures to be voted on, Trianon also wants Disney to amend its bylayws. That angers both sides, he said. Chairman of the Board. She'll succeed former CEO Bob Iger, who has served as board chairman since 2012. "The Board of Directors has a fiduciary obligation to ensure it fulfills its duty of oversight, and should provide answers to its shareholders without delay. Walt Disney Co. named former Carlyle Group executive Susan Arnold as its chairman, replacing Bob Iger, who is nearing his previously announced departure from the company. Instead, they are often weaponized by one side or the other to further divide and inflame. She's also been a director at McDonald's . Susan E. Arnold Bob Iger John S. Chen Judith L. Estrin Fred H. Langhammer Aylwin B. Lewis Monica C. Lozano Robert W. Matschullat Sheryl K. Sandberg Orin C. Smith Susan Arnold - Chairwoman Bob Iger -CEO James A. Rasulo - Senior Executive Vice President and CFO Alan N. Braverman - Senior . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. "The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period," Susan Arnold, Disney's chairman, said in a prepared statement. Walt Disney Co. said Susan Arnold will take the reins from Bob Iger as chairman of the board at the entertainment giant. In 2016, the firm opened its first theme park and resort in mainland China. Disney noted that Parker will chair a newly created succession planning committee, look at internal and external candidates. Chairman of the board Bob Iger leaves at the end of 2021. Disney is putting an emphasis on growing its streaming video product Disney+, which is already hitting a slowdown in subscribers. And Ive continually gotten the unspoken answer: no, the employee told the outlet. 2023 NYP Holdings, Inc. All Rights Reserved, Disney may sell its 67% stake in Hulu to buy more Marvel rights: analyst, Critics slam woke live-action Peter Pan trailer, How the rich do Disney and its nothing like us commoners, Jude Law as Captain Hook in Peter Pan & Wendy triggers backlash. At the time, Iger was observing Disney's performance as a shareholder, but he had no intention of returning. Disney urged shareholders to vote against Peltz and named current board member Mark Parker as its chairman. On Wednesday, Chapek made his first public statement against the bill at the companys annual shareholder meeting, which was dominated by talk of Dont Say Gay rather than the companys (strong) financial condition. 38/$4,515. Get our latest storiesin the feed of your favorite networks. Walt Disney Co. has named longtime board member Susan Arnold as its new chair to replace Bob Iger when he leaves the company at the . We want to hear from you! Regarding your Wednesday newsletter on businesses cutting ties with Russia over its invasion of Ukraine: When it comes to a crunch, corporations are showing their commitment to preserving democracy and Western values, which cannot be readily quantified in monetary terms. The Walt Disney Co. has named board member Susan Arnold chairman, replacing Bob Iger when he steps down at the end of the year.. Arnold is a 14-year member of the Disney (NYSE: DIS) board who has . edit. The industry leader for online information for tax, accounting and finance professionals. Susan Arnold had been named as chairperson of the board of the Walt Disney Company - Get Free Report replacing Robert Iger, effective December 31, 2021. Powered and implemented byFactSet Digital Solutions. noted on a politically optimistic earnings call two days after the election, he supports closing tax . By Ryan Faughnder Staff Writer. Chairman of the board Bob Iger leaves at the end of 2021. Disney has a September fiscal year and usually issues its proxy statement which, among other things, lists the companys slate of directors up for election in January, and holds its shareholder meeting in March. [11][12] She was elected chair on December 31, 2021. Arnold thanked Chapek for leading the company through the pandemic. Prior to 2007, she was Vice Chair of P&G Beauty and Health from 2006, Vice Chair of P&G Beauty from 2004 and President . The best of what to see, hear, eat, do, and more. Chairwoman. Deadline is a part of Penske Media Corporation. [7], On December 1, 2021,[10][3] Arnold was appointed to replace Bob Iger as chair of the board at The Walt Disney Company and became the first woman to be appointed to this position in the 98-year history of Disney. On Twitter one person compared the Florida bill to the Nuremberg race laws enacted in Nazi Germany. Walt Disney has elected a woman to chair its board for the first time in the entertainment giant's 98-year history. FLORIDA REPUBLICANS CONDEMN 'WOKE' DISNEY, URGE MORE BOYCOTTS BY CONSERVATIVES AGAINST THE 'ACTIVIST MACHINE'. The WSJ said Trian execs met with Disney brass, including Iger and CFO Christine McCarthy, Tuesday in an attempt to come to an agreement and avoid a proxy battle, and that Arnold called Peltz this morning to offer him a role as a board observer and ask him to sign a standstill agreement, which he declined. Description. - Walt Disney said on Dec. 1 the board elected Susan Arnold who will replace Bob Iger as chairperson of Disneys board. Joseph Prezioso/ZUMA Wire. His departure marks the end of an era. He said the worst possible move for a company is to take a position on a social issue but not follow through on it. 3 min read. But Disneys appointment could have been more thoughtful. It has featured gay and lesbian characters in its productions and the chair of its board of directors, Susan Arnold, is one of the highest-ranking women in corporate America who is openly lesbian. Contribution Totals. DeSantis signed the bill, which bars instruction on sexual orientation or gender identity in kindergarten through third grade, into law last week. But her long-time tenure that edges up to Disneys own parameters suggests the Magic Kingdom could have planned succession better. Froman, Robert A. Iger, Maria Elena Lagomasino, Calvin R. McDonald, Mark G. Parker and Derica W. Rice. We've received your submission. Susan Arnold Biography. When Bob Iger officially leaves Disney at the end of . All Rights Reserved. She served as president of the global business units of Procter & Gamble from 2007 to 2009 and was also a member of the board at McDonald's from 2008 to 2016. When you wait too long, youll get penalized no matter what you do., Companies need to accept that they have become part of the political process, like it or not, Paharia said. You can email the site owner to let them know you were blocked. Iger is set to step away from the role by the end of this year. What's the least amount of exercise we can get away with? Get this delivered to your inbox, and more info about our products and services. The more a company does, the more it is expected to do. [4][5][6], Since 2002, she has been listed on Fortune magazine's 50 Most Powerful Women in Business as #7 in 2008. Have feedback? "The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period," Susan Arnold, Disney's chairman, said in a prepared statement. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end . (Paul Hennessy/SOPA Images/LightRocket via Getty Images / Getty Images), GET FOX BUSINESS ON THE GO BY CLICKING HERE, Nothing in the Florida legislation itself mentions the word "gay." Prior to that, she was President Global Business Units of Procter & Gamble from 2007 to 2009. A Division of NBCUniversal. On behalf of my fellow Board members and the entire Disney management team, I also want to thank Susan for her superb leadership as Chairman and for her tireless work over the past 15 years as an exemplary steward of the Disney brand., Said Mr. Parker: I am honored to have the opportunity to serve as Disneys Chairman, and I look forward to working closely with Bob and his management team on a strategy of growth that balances investment with profitability, while preserving Disneys core mission of creative excellence, to deliver shareholder value. 2020 Transaction Count/Amount. She served for several years on the executive committee of Catalyst, a nonprofit organization working toward the advancement of women in business. Susan Arnold Young, Education, Political Party, Movies. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. The entrance to Disney World in Orlando, Florida. As a result, the board will be reduced to 11 members. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. Walt Disney has elected a woman to chair its board for the first time in the entertainment giant's 98-year history. The term party has since come to be applied to all organized groups seeking political power, whether . 2023 CNBC LLC. This website is using a security service to protect itself from online attacks. Prior to that, she was Vice Chair of P&G Beauty and. Send a note to coy-newsletter@nytimes.com. They Were Secretly Conservative Spies. It's a woke world after all. But Chapek had resisted making a public statement despite entreaties from employee groups at Disney. In his time as chief executive Disney made a number of major acquisitions, including the takeovers of Pixar, Marvel, Lucasfilm and 21st Century Fox. Disney's in a big moment of transition. Disney. 2023 KCRW All Rights Reserved. Simply put, they can be counterproductive and undermine more effective ways to achieve change.. Iger has served as chairman of the board since 2012 and is set to leave the position effective Dec. 31. Susan Arnold will succeed Bob Iger as the next Disney chairman. "Susan is an incredibly esteemed executive whose wealth of experience, unwavering integrity, and expert judgment have been invaluable to the company since she first joined the Board in 2007," Mr Iger said. Physics is the law, everything else is a recommendation.. Our Standards: The Thomson Reuters Trust Principles. Iger struck a reassuring tone in his first email to staff on . Disneys said its board has elected Mark Parker chairman, effective following the annual meeting of shareholders. He now holds two big jobs that will split his attention. View the voter registration of Susan Arnold (age 76) from Tamarac, Florida. Susan Arnold, Disney's chair, contacted Iger about the souring testimonials and sought his input. Susan E. Arnold graduated from the University of Pennsylvania with a Bachelor of Arts degree, and from the University of Pittsburgh with a Master of Business Administration degree. Susan E. Arnold was formerly an operating executive of The Carlyle Group, an equity investment firm. Iger, a former weatherman, joined the TV broadcast network ABC in 1974, where he developed iconic American TV shows, such as "America's Funniest Home Videos" and "Home Improvement," and helped in creating "Who Wants to Be a Millionaire.". The change will take effect after the company's annual shareholder meeting. During his years at Disney, Iger saw the acquisitions of Pixar, Marvel, Lucasfilm and Fox. Operatives infiltrated progressive groups across the West to try to manipulate politics and reshape the national electoral map. We want to hear from you. The action you just performed triggered the security solution. Disney has a progressive record on sexuality and gender. The financial risk to Disney, according to the legal group, includes potentially driving away employees and customers as well as the potential risk of litigation costs if there is probable cause the company broke the law. NEW YORK, Dec 2 (Reuters Breakingviews) - Walt Disney (DIS.N) has finally found its new board leader. In one anti-racism training course, called Allyship for Race Consciousness, workers are taught that the US has a long history of systemic racism and transphobia and told they must take ownership of educating yourself about structural anti-black racism. Iger was Disney's public face for 15 years as chief executive before handing the job off to Chapek in 2020, a stretch in which he compiled a string of victories lauded in the entertainment . [4][5] In June 2022, she was recognized by the International Hospitality Institute on the Global 100 in Hospitality as one of the 100 Most Powerful People in Global Hospitality. Changes at the top are disruptive and Disney is undergoing its own transformation. susan arnold disney political party. Susan ArnoldPolitical Campaign Contributions2004 Election Cycle. Tom Cruise and Steven Spielberg reconcile at Oscars luncheon, Disneys Bob Iger open to selling Hulu, plans exit in two years, Adam Scott, Lee Edward Colston II, and Sandy King Carpenter on The Treat, Wintering and enchantment: A pathway to healing and happiness, Born of persecution, Parsi cooking melds Persian and Indian cuisines, Playwright and actor Lee Edward Colston II on the beauty of a Black audience. With the departure of Arnold . With the departure of Arnold, Disney's board will shrink to 11 . "Floridas HB 1557, also known as the Dont Say Gay bill, should never have passed and should never have been signed into law," the Disney statement said. The $260 billion media giant named Susan Arnold on Wednesday as its next chairperson to succeed Bob Iger. . Ms. Arnold, a 14-year member of the Disney Board who has served as its independent Lead Director since 2018, will succeed Robert A. Iger as Chairman of the Board when he departs the Company at the end of . told me, If we get involved in everything our employees want to get involved in, that would become my full-time job. On the other hand, Kropp said: Youve got a set of values. Former CEO and current chairman of The Walt Disney Company ( DIS) board Bob Iger is stepping down from his role at the end of this month. susan e arnold political partyvictoria centre car park consettvictoria centre car park consett Its been a tumultuous period for the company culminating in an abrupt CEO change in November as Bob Iger returned, taking the reins from Bob Chapek. And it fired Mandalorian actress Gina Carano in February after she made what were considered right-wing comments on social media. 2023 BBC. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Data is a real-time snapshot *Data is delayed at least 15 minutes. Do Not Sell or Share My Personal Information. A conservative legal group set up by former Trump adviser Stephen Miller on Tuesday sent a letter to The Walt Disney Company Chair Susan Arnold accusing company executives of choosing to . Board Responds to Trian Partners Nomination by Recommending Shareholders vote for all of the Companys Nominees. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. This story has been shared 123,414 times. Sign up for free newsletters and get more CNBC delivered to your inbox. She was listed multiple times on the Forbes list of The World's Most Powerful Women and in 2005 she was #16 on Forbes' The World's 100 Most Powerful Women list. The memo failed to tamp down employees outrage over the legislation, which is supported by Ron DeSantis, the Republican governor and a potential 2024 presidential candidate. Shes a 14-year board member, and her taking over for Iger is seen as a move of stability. Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob . Walt Disney has named a new chairman of the board, and indicated its also in for a proxy fight as Nelson Peltz Trian Group seeks a directors seat for the activist investor in opposition to the companys slate. Market data provided byFactset. https://www.nytimes.com/2022/03/11/opinion/disney-florida-lgbtq.html, Illustration by The New York Times; Photography by johnnylemonseed, and OpThailand via Getty Images. "[I]t seems the Companys executives are engaging in systemic discrimination against religious believers and creating a hostile work environment to silence them and/or drive them out of the Company; unlawfully favoring some individuals and discriminating against others with respect to the terms," the AFL letter states. All Rights Reserved. "The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period," Susan Arnold, Disney's chairman, said in a prepared statement. And so on. As a subscriber, you have 10 gift articles to give each month. See here for a complete list of exchanges and delays. What guidance should Disney Chairman Susan Arnold provide to Bob Chapek? Mr. Iger has already taken decisive steps to realign content creation and distribution, and reposition Disneys streaming platforms and linear broadcast and cable networks for enhanced profitability for the Company. Companies that take a stand quick and are first movers in the space are perceived as being more authentic, she said. 0. ", HERITAGE ACTION CALLS OUT DISNEY: 'IT REALLY IS A WOKE WORLD AFTER ALL'. She had joined Procter & Gamble in 1980 and held several management and marketing positions before becoming the manager of Procter & Gamble's cosmetics business in Canada in 1990. According to Forbes, Susan Arnold got her start as a brand assistant on the Dawn/Ivory Snow Group. Theyre disappointed but theyre not mad on average., Kropp said he feels for corporate chiefs who are bogged down in the culture wars. It cited Igers track record in growing shareholder value as CEO and noted that the exec has already taken decisive steps to realign content creation and distribution, and reposition Disneys streaming platforms and linear broadcast and cable networks for enhanced profitability for the company.. 2018 Transaction Count/Amount. Click to reveal The Board of The Walt Disney Company has been continually refreshed, with a focus on directors whose industry experience is additive to the companys strategic priorities. Earlier today, the Walt Disney Company Board of Directors elected Susan Arnold as Chairman of the Board. Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob . View the profiles of people named Susan Arnold. He'll be succeeded by Susan Arnold. Signup for Breaking News Alerts & Newsletters. Since succession planning went awry last time, one thing Trian wants to make sure of is that Disney plans this next round well, according to the WSJ. While Chapek is a long-time Disney executive, hes new to the corner office and his leadership will be tested by challenges. Weve already seen that happen a bit. The Walt Disney Company 's board of directors has named Susan Arnold, a 14-year member of the board, as its new chair, succeeding the outgoing Bob Iger. Under Mr. Igers first tenure as CEO from September 2005 through February 2020, the Companys total shareholder return was 554%, which exceeded the S&P 500 total shareholder return of 244%.
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