MediaFile

For the second time this month, a senior Disney executive is heading for the exits.

The head of Disney Channels Worldwide, Carolina Lightcap, resigned from the company on Thursday after less than two years in the job overseeing the Disney Channel, Disney XD and Disney Junior cable networks.

Disney didn’t give a reason. In a statement released by the company, Lightcap said “the timing is perfect to move on to my next challenge.”

Lightcap started with Disney in Latin America and relocated to Los Angeles from Argentina for her current job. She spent 11 years with the company.

Gary Marsh, chief creative officer for Disney Channels, will take over Lightcap’s running of day-to-day operations while keeping his current role. Marsh is the creative force behind Disney Channel hits such as “Hannah Montana,” “High School Musical” and “Phineas and Ferb,” Disney/ABC television chief Anne Sweeney said in a statement.

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For the second time in just over a year another boyfriend of a Disney staffer has been accused of insider trading.

Yesterday, hedge fund manager Toby G Scammell (seriously, that’s his name, you couldn’t make this stuff up) was sued by Federal regulators who alleged he used secret information obtained from his girlfriend to make $192,000 off the Walt Disney Co’s $4 billion acquisition of Marvel Entertainment in 2009.

Scammell’s girlfriend of two years was an intern in Disney’s corporate strategy department and worked for six months on the deal.

Walt Disney Co on Tuesday launched a new parks promotion called “Give a Day, Get a Disney Day” pledging to give out a million free one-day tickets in 2010 to Orlando’s Walt Disney World Resort or Anaheim’s Disneyland to folks who volunteer in in their communities for a participating organization.

The media giant is working with HandsOn Network, the nation’s largest volunteer network and part of the Points of Light Institute, which has 250 on-the-ground volunteer action centers across the country and connects volunteers to more than 70,000 nonprofit agencies that need their help.

“We are thrilled at this unprecedented effort by Disney Parks to help mobilize 1 million volunteers into action,” said Michelle Nunn, CEO of Points of Light Institute.

 The Walt Disney Co rolled out a new look and mission for its North American Disney Stores in an Earth Day celebration designed to reposition the chain it bought back from The Children’s Place last year as a “light education” destination, Jim Fielding, president of Disney Stores Worldwide said.

 Disney reacquired the 225 stores after Children’s Place fell behind on a pledge to invest millions to fix up the outlets. Disney had a tough time making the stores profitable before it handed them off to Children’s Place, but Fielding said he just completed the chain’s five-year plan and is “optimistic” about its prospects, even in one of the worst retail environments in living memory.

In addition to a new store design to be rolled out over the next year, the chain is looking for new digs in cities where bankruptcies and foreclosures have reshaped communities and the commercial real estate surrounding them.  “We are still repositioning that portfolio to make sure we are in the right malls, in the right cities, and the right states,” Fielding said.