Disney Communications Chief, Kristina Schake, Receives Contract Extension and Pay Raise for Expanded Role Responsibilities

The Announcement

Disney Communications Chief, Kristina Schake, has received a contract extension and pay raise from the entertainment giant for her expanded role responsibilities. This follows her successful tenure in leading the company’s communications and public affairs department. Disney CEO, Bob Chapek, announced the news last Wednesday and lauded Schake’s achievements in media relations, employee communications, corporate social responsibility, and crisis management.

Schake’s Career

Schake joined Disney in 2019 after serving as the Chief Communications Officer of Instagram and as former Deputy Communications Director of the White House during the Obama administration. Her appointment as the SVP of Communications and Public Affairs marked a new era for Disney as she brought her wealth of experience and impressive track record to the role.

Expanded Role Responsibilities

Schake’s new responsibilities will include overseeing the company’s social media strategy and content creation, as well as leading the Walt Disney Company’s newly created Diversity, Equity, and Inclusion team. This expanded role further cements Schake’s influence not just in the communications department but across the entire Disney organization.

Pay Raise and Contract Extension

According to a regulatory filing, Schake’s annual salary will increase from $1.3 million to $1.5 million with an additional $3.5 million in long-term incentives. This pay raise and contract extension reflect the company’s confidence in Schake’s leadership and her critical role in driving Disney’s messaging efforts.

Summary

Disney Communications Chief, Kristina Schake, has received a contract extension and pay raise for her expanded role responsibilities. Schake is responsible for leading the company’s communications and public affairs department, overseeing media relations, employee communications, corporate social responsibility, and crisis management. She will now add overseeing the company’s social media strategy and leading the Diversity, Equity, and Inclusion team to her list of responsibilities. Schake’s pay will increase to $1.5 million annually with an additional $3.5 million in long-term incentives. #ENTERTAINMENT