, Columnist
A Breakup Fairy Tale for Disney
Splitting off the TV networks might make it easier to find Bob Iger's successor.
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If the Magic Kingdom wants to find its next ruler, it might help if it weren't quite so sprawling.
We're talking about Walt Disney Co., the $173 billion entertainment media company led by Bob Iger, 65, whose contract is up in 2018. Iger has overseen a more than quadrupling in Disney's stock price during the decade that he's been CEO, and investors took comfort in knowing the succession plan would likely be a seamless one: Chief Operating Officer Thomas Staggs, a longtime Disney executive, was being groomed to take the throne. But last month came news that the heir apparent was stepping down, leaving apprehensive shareholders to ask, now what?1462916102025