Disney/ABC Names Sweeney Replacement

The Walt Disney Company has tapped ABC News president Ben Sherwood for the role of co-chairman, Disney Media Networks and president, Disney/ABC Television Group, when current co-chair and president Anne Sweeney resigns in February 2015.

Sherwood will begin the transition as co-president of the Disney/ABC Television Group immediately, during which time he will also continue to oversee ABC News until a successor is named.

An award-winning journalist, best-selling author and digital media entrepreneur, Sherwood was named president of ABC News in December 2010, where he also oversaw ABC News Radio, ABCNEWS.com, satellite service NewsOne and ABC News NOW.

“Ben is one of those unique executives who combine rich creative experience with great business acumen,” says Robert A. Iger, chairman and chief executive officer, The Walt Disney Company. “He’s also focused, strategic and competitive, as evidenced by the success of ‘GMA,’ the Yahoo deal that delivered ABC News online dominance and his vision behind our new cable and digital joint venture, Fusion. These reasons and many others make Ben the ideal candidate to oversee the future of the Disney/ABC Television Group.”

Sherwood launched his journalistic career with ABC News in 1989, serving as an investigative associate producer and producer for ABC News' "PrimeTime Live" with anchors Diane Sawyer and Sam Donaldson. In 1997, he joined NBC's "Nightly News with Tom Brokaw" as broadcast producer, then senior producer and ultimately senior broadcast producer. Sherwood returned to ABC News in April 2004 as executive producer "Good Morning America."

"I am honored and humbled that Bob has entrusted me with this great responsibility and amazing opportunity,” says Sherwood. “I'm also deeply grateful to Anne, who has built and led a powerhouse division over the last 10 years. I am looking forward to her counsel and wisdom during this transition period."