US EditionDisney's Iger plans to step down as CEO before contract expires, WSJ reports
Bob Iger plans to leave Disney CEO role before contract ends, citing frustration with internal conflicts and desire to focus on personal interests, including sailing and sports ownership.
- The Wall Street Journal reported Friday that Bob Iger, Disney CEO, has told associates he plans to step down before the Dec. 31 end of his contract.
- Among reasons for stepping back, Iger told associates he is frustrated by conflicts at ABC and wants to spend more time sailing his new superyacht Aquarius and working with Angel City FC.
- A board meeting next week will likely take place at Disney's Burbank headquarters where the Disney board of directors is expected to vote, while Josh D'Amaro and Dana Walden undergo mentorship and coaching.
- The full Board of Directors will determine the next CEO, and Disney said it expects to announce the appointment in early 2026, with Iger up for reelection at the March 18 virtual meeting.
- Against a backdrop of recent governance churn, Iger's 2025 compensation was $45.8 million, including $21 million in stock awards, after the board ousted Chapek in November 2022 and brought Iger back as CEO.
32 Articles
32 Articles
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ANAHEIM — “Josh, can I get a quick one?” It was the seventh time that Josh D’Amaro had been asked to pose for a photo as he wove his way through Disneyland. As in each previous instance — when the guy in a “Toy Story” shirt came running, when the teenagers near Sleeping Beauty Castle sandwiched him for a selfie — D’Amaro politely complied. “A fast one,” he said. “I’ve got to keep walking.” Just then, a woman wearing a fanny pack came to see what…
Bob Iger May Be Leaving Disney Earlier Than Expected
Bob Iger appears poised to hand over Disney's top job sooner than expected, according to people familiar with his plans. The longtime chief executive has told associates he intends to step back from the CEO role and day-to-day operations ahead of his Dec. 31 contract end date, the Wall Street...
Disney CEO Bob Iger To Reportedly Step Down Before Contract Ends, Board To Vote On Successor Next Week As Investors Await Q1 Results - Walt Disney (NYSE:DIS)
Walt Disney (NYSE: DIS) CEO Bob Iger has reportedly told associates he plans to step down and pull back from daily management before his contract expires on Dec. 31, and the entertainment giant's board is set to meet next week to vote on a successor.
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