Business World

Walt Disney Co. taps James Pitaro to lead ESPN through digital transition

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NEW YORK — Walt Disney Co. on Monday named long-time executive James Pitaro the new president of its ESPN sports network, tapping him to navigate a rapid consumer shift from traditiona­l television to online viewing.

Pitaro, 48, joined Disney in 2010 and has run the consumer products and interactiv­e group for the past two years. He replaces John Skipper, who resigned in December, citing substance addiction.

ESPN, Disney’s most important cable network, remains a major profit source for the media giant but has been losing pay TV subscriber­s to cord cutting. Disney is trying to capture digital viewers with an upcoming streaming service called ESPN+, a $5-a-month subscripti­on that will offer sports programmin­g that is not shown on ESPN’s TV channels.

“Jimmy forged his career at the intersecti­on of technology, sports and media, and his vast experience and keen perspectiv­e will be invaluable in taking ESPN into the future,” Disney Chief Executive Bob Iger said in a statement.

He added that Pitaro’s appointmen­t “comes at a time for great opportunit­y for ESPN.”

Pitaro also will serve as cochair of Disney Media Networks and will report directly to Iger.

“The appetite for quality sports content across platforms has never been greater, and I am looking forward to working with the talented ESPN team as we continue to redefine the future fan experience,” Pitaro said.

As head of consumer products, Pitaro ran the licensing of Disneyowne­d characters such as Mickey Mouse for toys, apparel and other merchandis­e. The consumer products business merged in 2015 with the interactiv­e unit, which handles licensing for video games and oversees Disney Web sites.

Pitaro joined Disney from Yahoo, where he served as head of media, including the company’s sports media properties.

A new leader for the consumer products unit will be named later, Disney said.

Disney shares rose 0.4% to close at $103.41 on the New York Stock Exchange. —

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