Disney extends CEO Bob Iger’s contract through 2026
Posted on AllSides July 12th, 2023
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Bob Iger’s sequel at Walt Disney Co. just got renewed for a few more seasons.
Disney said late Wednesday that its board has extended the chief executive’s contract through December 2026, praising Iger’s “successful leadership record and ongoing strategic transformation of the company.”
Disney stock gained 0.6% in the extended session Wednesday after the news.
The board vote was unanimous and the extension not only provides a continuity of leadership but also more time for a CEO succession plan, Disney said.
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