New Delhi, April 1 -- The Walt Disney Co. announced a major reshuffle to its leadership team for the APAC (Asia Pacific) and Middle East region on Monday. The restructuring has come about as a result of Disney's purchase of Rupert Murdoch's 21st Century Fox Inc. for about $52.4 billion in stock in December 2017.

"It is a momentous opportunity to be able to chart the course of The Walt Disney Co. in Asia Pacific and Middle East. While our region is experiencing tremendous change, the common thread that binds it together is the exciting opportunity it presents to build on the great businesses that we have today and create transformational businesses of tomorrow," said Uday Shankar, chairman, Star and Disney India, and president, The Walt Dis...