Disney extends CEO Bob Iger’s contract through 2026, two years longer than planned
The Walt Disney Company will extend CEO Bob Iger’s deal by two years, extending his tenure through 2026.
Shares of the company were effectively flat after the news.
Iger told CNBC in February that he had no intention to stay longer than two years in his post, which would have taken him through 2024. Iger returned to Disney in November, retaking the job from Bob Chapek, who was appointed CEO in early 2020. Iger planned to prepare his next successor during his new stint as CEO.
The succession process remains a...