A top sales executive at The Walt Disney Co. is stepping down after a 34-year career with the company. Janice Marinelli, president of global sales and marketing for Disney’s direct-to-consumer and international segment, announced Tuesday that she’s headed out.

“It has been an honor to work for this company and a privilege to work with so many outstanding professionals,” Marinelli said in a statement. “I’ve observed many changes in our industry over the years, and it is changing at a speed never seen before. While I have been considering this decision for some time, I was committed to seeing our team through the acquisition and integration of 21st Century Fox. Now that we’ve reached these important milestones, I believe the time is right for me to step down.”

Kevin Mayer, who chairs the unit, commented: “Janice has contributed immeasurably to Disney over the past three decades, architecting and successfully negotiating thousands of innovative deals that have benefited our company and will continue to do so for years to come. I am so grateful for her insightful counsel and steadfast collaboration over the past year as we laid the foundation for DTCI and the upcoming launch of Disney+. I especially appreciate her willingness to stay on and see us through this time of tremendous change.”

Janice Marinelli (Disney)