Entertainment

Disney Extends CEO Iger’s Contract Another Two Years to 2026

WATCH: Walt Disney Co. extended the contract of Chief Executive Officer Bob Iger for another two years. Chris Palmeri reports.Source: Bloomberg

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By Thomas Buckley

July 12, 2023 at 9:03 PM UTC

Updated on

July 12, 2023 at 10:23 PM UTC

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Walt Disney Co. extended the contract of Chief Executive Officer Bob Iger for another two years, giving the longtime executive more time to implement his turnaround and find a successor.

Under the new arrangement, Iger will remain CEO through Dec. 31, 2026, the company said Wednesday in a statement.