Disney CEO Bob Iger says he will step down in 2021, a succession plan is forming [CNBC]
Walt Disney Company (The) (DIS)
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Source: CNBC
Disney CEO Bob Iger says he will step down in 2021, a succession plan is forming David Paul Morris | Bloomberg | Getty Images Robert Iger, chief executive officer of the Walt Disney Co., arrives for a morning session at the Allen & Co. and Technology Conference in Sun Valley, Idaho, U.S., on Thursday, July 12, 2018. Bob Iger "I'm expecting my contract to expire at the end of 2021," Iger said Thursday during Disney's investor day presentations. "And I was going to say 'and this time I mean it,' but I've said it before. I've been CEO since October of 2005 and as I've said many times, there's a time for everything and 2021 will be the time for me to finally step down." Iger has extended his contract with Disney twice during his tenure. Once in 2018 and then through 2021, but it was contingent on the Fox deal closing. Since that merger has wrapped up, Iger will remain with the company as the head executive for the next two years. ?" Iger has been instrumental in many of Disney's acquisit
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