Disney extends CEO Bob Iger's contract through 2026, two years longer than planned
Publishing timestamp: 2023-07-12 18:43:33
Summary
Disney is extending CEO Bob Iger's contract through 2026. Iger has undertaken a broad restructuring of the company since replacing Bob Chapek in November. The extension of Iger's contract comes as the company continues to evaluate candidates for his successor. Iger has delayed succession decisions in the past. The article also mentions the challenges faced by Disney and other big players in the streaming space, as well as the company's efforts to save money and revive its animation business.
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