Disney extends CEO Bob Iger's contract for two more years, through the end of 2026
When Iger stepped into the CEO role at Disney for a second time in 2022, he stressed that the job would only last two years as the company searched for a suitable replacement. In a statement Wednesday about his contract extension, Iger said he has had to make “difficult decisions to address some existing structural and efficiency issues,” but he believed Disney’s “long-term future is incredibly bright.” Iger also emphasized that he remained intent on finding the company’s next CEO.
“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 Mark Parker, Disney’s chairman. “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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philadelphia’s First Bank of U.S. to re-open as museum in 2026After landing a $22 million federal grant, the First Bank of the United States will reopen in 2026 as a museum of American economic history.
Read more »
2026 Ford 3-Row Electric SUV: A Mainstream Electric Family HaulerEverything we know about what Ford is calling a “bullet train.”
Read more »
Germany's tax revenue to increase from 2026 with global minimum rateThe German Finance Ministry expects additional revenues from the global minimum tax for large corporations from 2026, according to a draft bill drawn up to implement the EU directive.
Read more »
Philadelphia Union coach Jim Curtain signs multi-year contract extension⚽ PhilaUnion coach Jim Curtin has signed a multi-year contract extension that is guaranteed through 2026, the Major League Soccer team announced Tuesday. DOOP
Read more »
Caterham shows lightweight electric sports car for 2026 | AutocarMeet Britain's Porsche 911: the Caterham Project V is a striking three-seat electric sports car weighing just 1190kg and bound for production in 2026
Read more »
Workers in Maine will get paid family and medical leave starting in 2026Most Maine workers will get up to 12 weeks of paid time off for family or medical reasons as part of a supplemental budget Democratic Gov. Janet Mills signed into law on Tuesday.
Read more »