Disney Parks chief Josh D’Amaro will take over for Bob Iger
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Bob Iger’s second time as CEO wasn’t great for the stock. He still leaves behind a strong legacy.
Disney stock gained 14% during Iger’s second term, underperforming the S&P 500’s 76% rise.
Nelson Peltz has once again taken aim at his longtime nemesis Bob Iger — accusing Disney’s outgoing chief executive of manipulating the company’s succession to retain power by setting his replacement up to fail.
Disney CEO Bob Iger hasn’t left the building yet, and on Monday’s earnings call he said didn’t want to get too “nostalgic” about his two-decade run at the company. The Disney board is expected to select Iger’s successor by midweek.
CEO Bob Iger said Monday that he was "incredibly proud of all that we've accomplished over the past three years," setting the stage for an expected exit in the coming months.
Disney’s board of directors will meet next week with the drama over longtime CEO Bob Iger’s successor reaching its final act. A person familiar with the situation confirmed the board meeting to Deadline.