General Motors CEO Mary Barra has a new gig after the disbanding of President Donald Trump’s economic and advisory forum. Barra has been elected to Disney’s Board of Directors.
Fortune reports Barra’s appointment is effective immediately and she will grow the iconic company’s board to 12 members. Currently, the board is under intense pressure to find a new CEO after current chief executive Robert Iger’s contract expires in July of 2019. As well as serving as GM’s CEO, Barra is also chairman of the board at the automaker.
Barra is expected to bring great experience to the board as she has helped GM navigate an ever-changing automotive industry. GM has invested heavily in self-driving cars and its Maven car-sharing business. Disney CEO’s hopes Barra’s experience will help the entertainment company as it attempts to work through a threat to its television and movie business. Netflix and other on-demand services continue to cut into a segment that Disney once presided over.