Disney’s Iger Opens Door to Remaining CEO Beyond Contract
- It’s the first time he’s said he might delay 2018 retirement
- ESPN is struggling; two ‘Star Wars’ lands will open in 2019
Disney's 1st-Qtr Earnings Prove to Be a Mixed Bag
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Walt Disney Co. Chief Executive Officer Bob Iger said he’d remain with the company beyond his scheduled June 2018 retirement if it’s good for the company, the first time he’s said he might extend his tenure beyond his current contract.
Iger, who turns 66 Friday, made the comment on a call with investors after Disney reported lower sales and earnings for the fiscal first quarter ended Dec. 31. If he extends his contract, it would be the third time he has postponed retirement.