Oct 7, 2011

Bob Iger to be Replaced

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It has been announced by The Walt Disney Company (DIS) that CEO Bob Iger will end his tenure in March of 2015. He will stay on as chairman of the board through June 2016. A successor will be name upon his exiting the role.

"I'm privileged and grateful to lead The Walt Disney Company and our talented, dedicated team at this exciting time. i'm committed to increasing long-term value for shareholders and am confident we will continue to do so through the successful execution of our core strategic priorities: the creation of high quality, branded content and experiences, the use of technology, and creating growth in numerous and exciting international markets." 

Official press release here: News Release

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