Rebecca Campbell is the first high profile Disney executive to leave following Iger's announcement of major cost cutting and job losses

Brooks Barnes of the New York Times is reporting that Rebecca Campbell is one of the first high-ranking Disney executives to be shown the door following yesterday's news of major cost cutting and job losses at the company.

Campbell is a 26 year Disney veteran, who was most recently serving as Chairman, International Content and Operations. She was responsible for expanding international content creation through the development and production of entertainment and sports content in local markets throughout Asia Pacific, EMEA, India and Latin America. Additionally, she managed the Company’s international linear channels, local ad sales, and local distribution outside the U.S. She also oversaw the Disney+ Hotstar business in India.

Prior to that she was President of Disneyland Resort, where she oversaw two theme parks - Disneyland and Disney California Adventure.

Campbell has been responsible for for much of the international content creation and operations at Disney

In a memo, Iger said, "I've always appreciated her willingness to take them on graciously, enthusiastically, and with an impeccable degree of professionalism. Her talents and expertise, and her warmth and sense of humanity will be missed."

Campbell will remain in her post until June to help with he transition.

Yesterday, Iger announced there will be a new Disney organizational structure with three segments - Disney Entertainment, ESPN, and 'Disney, Parks Experiences, and Products.' The restructuring will allow Disney to save $5.5 billion in cost savings, and as part of the plan, Iger says Disney will eliminate 7000 jobs. Cost reductions will be comprised of approximately 50% marketing, 30% labor, and 20% technology procurement and other expenses.