Walt Disney Board Renews Disney CEO Bob Iger Through 2031
Breaking News | Stock Market News | Disney News | Financial & Entertainment News
The Walt Disney Company Board Of Directors Extends Disney CEO Robert "Bob" Iger Through 2031 | Total Incompetence of Board, Unable to find a proper successor CEO. Board admits failure with renewal
Join @ValliantRenegade @WDW_Pro and @JonasJCampbell to discuss.
The Man who broke Disney gets to stay for several more years to try and fix his mess, because nobody else wants it.
VARIETY Magazine:
Bob Iger Extends Contract as Disney CEO Through 2026
https://variety.com/2023/film/news/bob-iger-disney-ceo-extension-2026-1235668668/
Bob Iger will remain at the helm of Walt Disney Co. through 2026, fulfilling a prediction from many in the industry that he would not step down as CEO at the end of next year as originally planned.
“Time and again, Bob has shown an unparalleled ability to successfully transform Disney to drive future growth and financial returns, earning him a reputation as one of the world’s best CEOs,” said Disney chairman Mark G. Parker. “Bob has once again set Disney on the right strategic path for ongoing value creation, and to ensure the successful completion of this transformation while also allowing ample time to position a new CEO for long-term success, the Board determined it is in the best interest of shareholders to extend his tenure, and he has agreed to our request to remain Chief Executive Officer through the end of 2026.”
“Since my return to Disney just seven months ago, I’ve examined virtually every facet of our businesses to fully understand the tremendous opportunities before us, as well as the challenges we’ve been facing from the broader economic environment and the tectonic shifts in our industry,” Iger said. “On my first day back, we began making important and sometimes difficult decisions to address some existing structural and efficiency issues, and despite the challenges, I believe Disney’s long-term future is incredibly bright. But there is more to accomplish before this transformative work is complete, and because I want to ensure Disney is strongly positioned when my successor takes the helm, I have agreed to the Board’s request to remain CEO for an additional two years.”
“The importance of the succession process cannot be overstated, and as the Board continues to evaluate a highly qualified slate of internal and external candidates, I remain intensely focused on a successful transition,” he said.
#disney #stockmarketnews #breakingnews
thumbnail by @JFG
-
10:19
Don Khan Swaylo
3 months agoDisney in Danger as CEO Bob Iger Sells 80% of His Stock!
150 -
12:55
crcook84
1 year agoDisney CEO Bob Chapek out and Bob Iger back
7 -
4:20
One America News Network
1 year agoDisney goes woke and suddenly brings back former CEO Bob Iger
2.65K15 -
7:20
EchoBaseNetwork
1 year agoBob Chapek has been FIRED as Disney CEO | Bob Iger Returns!
33 -
13:19
ADAMPOST
1 year agoDISNEY HAS 12 MONTHS TO FIND A NEW CEO! Bob Iger Needs At Least 12 Months To Work with Replacement
74 -
13:00
The Common Nerd
2 months agoRIP Disney! Stock PLUMMETS After Shareholders Vote To Keep Current Board Of Directors! Bob Iger
22 -
14:29
ADAMPOST
1 year ago $0.03 earnedDISNEY CEO BOB IGER COST IKE PERLMUTTER $1 BILLION! Marvel Executive Loses On INCLUSION KEY Agenda!
2.83K -
0:56
EchoBaseNetwork
1 year agoBob Chapek FIRED as Disney CEO | Bob Iger Returns #starwars #shorts
41 -
0:58
WochitNow
5 years agoDisney CEO Bob Iger Speaks Out In Support Of Newly Named Disney TV Executives Following Judgment
10 -
5:48
ADAMPOST
1 year ago $0.01 earnedPANIC AT DISNEY BOB CHAPEK FIRED! BOB IGER IS CEO IMMEDIATELY! Will Serve 2 Years To Fix Disney!
128