The Walt Disney Co. announced a reorganization of its businesses as the company prepares to launch direct-to-consumer services and seeks to grow internationally.

Kevin Mayer, who has served as Disney’s chief strategy officer, has named chairman of the new Direct-to-Consumer and International business segment — elevatin…

This is the second shoe to drop after CEO Bob Iger promoted former parks chief Thomas Staggs to be COO early this month. Bob Chapek, who has run the Consumer Products unit since 2011, will now oversee Parks and Resorts, Disney’s second biggest business after its TV networks. He’ll report both to Iger and Staggs, and…