Bob Iger is leaving Disney months before his contract officially expires, sparking curiosity about his unexpected decision. Iger served as Disney’s president in 2000 before becoming CEO in 2005, succeeding Michael Eisner and holding the role until 2020. After retiring the following year, he was called back by the company’s board to reassume the CEO…
Activist investor Nelson Peltz took aim at Disney CEO Bob Iger after the company revealed he would be succeeded by Experiences chairman Josh D’Amaro. Peltz notably launched two separate proxy fights against Iger while he was CEO in an effort to obtain seats on Disney’s board — both of which ended up failing. During the…
The search for Disney‘s new CEO has concluded. Current CEO Bob Iger now has an exit date, as his successor will start soon. Who is the next CEO of Disney? On Monday, the Walt Disney Company Board of Directors unanimously voted to elect Disney Experiences Chairman Josh D’Amaro as the company’s next CEO. Elevating D’Amaro…
We’re fed up with Disney . “It’s a hated stock,” Jim Cramer said Thursday during the November Monthly Meeting for Club members. “Sometimes, you gotta go. And, I don’t want to fight Disney anymore.” Jim’s comments came as Disney stock sank nearly 8% following mixed quarterly results, with a streaming miss and little else to…
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney said on Thursday it would boost its dividend by 50% and double its share buyback plan for fiscal 2026, as the media giant’s streaming and parks businesses powered a quarterly earnings beat. Still, shares of the company fell nearly 3% in premarket trading as…
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson…