Disney Hires PepsiCo Vet as CFO Amid Iger Succession Search (2)

Walt Disney Co. named Hugh Johnston as chief financial officer, bringing in an experienced consumer-products leader at a time when it’s seeking a successor to current Chief Executive Officer Bob Iger.

Johnston, 62, currently vice chairman and CFO of PepsiCo Inc., starts on Dec. 4, the company said in a statement on Monday.

With the hire, Disney gets a seasoned executive with a deep resume who has played key roles in operations and M&A, as well as finance, at one of the world’s best-known brands. Iger, Johnston’s new boss, returned to Disney a year ago after his successor ...