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Bob Iger is sticking around Disney longer than he said he would


Disney CEO Bob Iger, an older white man with graying hair and wearing in a black sweater zip up, smiles at the camera.
Photo by Axelle / Bauer-Griffin / FilmMagic

Disney CEO Bob Iger has extended his contract through 2026, the company said in a press release. That means he’ll be staying at the company longer than he originally said back when he returned to the company. After his initial run as CEO from 2005 until 2020, Iger returned to Disney late last year in a surprise announcement, and at the time, he promised to only stay for two years and find a potential successor before his tenure was over.

Iger’s extended contract keeps him at the company until December 31st, 2026, according to a filing with the Securities and Exchange Commission.

In a statement, Iger said he’s staying longer “because I want to ensure Disney is strongly positioned when my successor takes the helm.” He continued: “The…

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By: Jay PetersEmma Roth
Title: Bob Iger is sticking around Disney longer than he said he would
Sourced From: www.theverge.com/2023/7/12/23793027/disney-ceo-bob-iger-contract-2026
Published Date: Wed, 12 Jul 2023 22:34:19 +0000

Jay PetersEmma Roth
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