At last Thursday’s Walt Disney World investors’ event, Disney CEO and Chairman Bob Iger announced that he will leave the company when his current contract expires in 2021.
He had previously planned to step down in 2018, but his contract was subsequently extended twice (once in March 2017 and again in December 2017). He even joked in the investors’ meeting that “I’d say ‘This time I mean it’, but I’ve said that before.”
In 2000, Iger was named Disney’s President and Chief Operating Officer. He became CEO in 2005 after Micheal Eisner’s departure. Iger has overseen some of the Walt Disney Company’s largest acquisitions, including the most recent acquisition last month of 21st Century Fox.
That’s some of the best news I have herd
Finally. Disney doesn’t even feel like Disney anymore because of him.
Can’t get here fast enough, as far as I’m concerned. Maybe Disney will get back to being Disney after he’s gone.
Good bye and good riddance. Maybe now Disney can get back to being Disney!
We have to wait 2 more years?!?! He has ruined mostly everything just to have all parks and hotels to capacity. Guest experience has never been worse.
I agree, Iger can’t leave soon enough, I have been saying for years now, The Disney Company has lost sight of the principles of it’s founder, Walt Disney.
He did a much better job with Disney than Immelt did with GE!
I agree with the above, thanks to him and others it does not feel like disney anymore. a real shame.
worst part is what are the chances Chapek takes his place. very scary.
I’m guessing they’ll have five more price increases at the parks before he leaves too.
Finally! Good Riddance!