Bob Iger is sticking around Disney longer than he said he would
by Jay Peters from The Verge - All Posts on (#6CXWE)
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...