Catherine Powell, the executive in charge of Walt Disney's Disneyland Paris, Walt Disney World and Disneyland theme parks, is out after the position was eliminated.
Her ouster comes hot on the heels of a massive theme parks expansion in Anaheim and Orlando, and also coincides with falling U.S. park attendance in the last quarter.
The current heads of the individual theme parks will now report directly to Bob Chapek, according to reports.
Powell had been with the company for 15 years including a stint at the company's TV operation. She is widely credited with helping revitalize the parks business.
No press releases regarding the personnel change were present on the company website. The company confirmed to Reuters that Powell's position was eliminated but didn't provide further details.
Shares were up 0.79% to $133.50 in premarket trading.