Heeley, 58, of Santa Clarita is accused of abusing two underage girls approximately ten years ago.
He was arrested on November 16 and released on $150,000 bail, Variety reported. According to an affidavit, one of the girls was 15-years old at the time of the alleged incident. The other victim was allegedly abused over a four year span which started when she was 11.
Heeley pleads not guilty to the charges and vehemently denies the accusations, his lawyer told Variety.
Disney said it acted swiftly and suspended Heeley upon learning of the accusations late Friday.
'Immediately upon learning of this situation tonight, he has been suspended without pay until the matter is resolved by the courts,' a Disney spokesperson said.
Heely, who oversees the licensing of music from Disney films, faces just over nine years in prison if convicted of the charges.
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