Bob Iger To Resign as CEO of Disney in 2021
Bob Iger To Resign as CEO of Disney in 2021 He originally became
CEO of the company in 2005.
In a statement, Iger said his
current contract with
Disney ends in 2021.
Iger's CEO contract has been extended twice before,
but he doesn't expect to do it a third time.
Bob Iger, via statement According to CNBC, Disney's recent successful acquisition of 21st Century Fox was a big factor in Iger's decision.
Besides Fox, Disney has bought a slew of major companies during his tenure.
They include Pixar, Lucasfilm and Marvel Entertainment.