News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[Lilofan]

The shaky stock price probably helps Iger right now, the last thing Disney needs is another shake up that may spook the market.

Any unexpected change right now likely hurts the stock more than it helps it.

Iger has 9 lives , at this point maybe more. Whatever happens if he's going to leave if that he going out with a huge parting gift.

 

[Vegas Disney Fan]

Iger has 9 lives , at this point maybe more. Whatever happens if he's going to leave if that he going out with a huge parting gift.

I still don’t know why he came back, an old man with hundreds of million of dollars in the bank and no time to enjoy it.

I know people get off on power but given his unlimited bank account I’d rather have free time.

 

[Lilofan]

I still don’t know why he came back, an old man with hundreds of million of dollars in the bank and no time to enjoy it.

I know people get off on power but given his unlimited bank account I’d rather have free time.

Iger is 74 and his 2 kids are in their early 20s. His money will outlive him. Enjoy his time with his family and whatever wealthy ones do in retirement.

 

[Disney Analyst]

The shaky stock price probably helps Iger right now, the last thing Disney needs is another shake up that may spook the market.

Any unexpected change right now likely hurts the stock more than it helps it.

Yep, and let's be honest, what is the lower stock price even based on?

Wall street doesn't even know what it wants.

 

[JoeCamel]

Yep, and let's be honest, what is the lower stock price even based on?

Wall street doesn't even know what it wants.

Wall street wants a company that generates a lot of cash, price appreciates >10% yoy and pays a 5% dividend.......

 

[Sirwalterraleigh]

Till it hits 78.

I got $75….

…so I hear $73?…$72-2-2-2?

 

[Nubs70]

Anyone “internal” would appear to be “hired to be fired” from the jump.

They are making a mistake

Though Walden has a better shot that tight pants

As the accountabilities as CEO of $DIS is greater than simply parks, Walden has connections and relationships that satisfy many of Chapek's deficiencies outlined in th Palace Coup article.

 

[Dranth]

I still don’t know why he came back, an old man with hundreds of million of dollars in the bank and no time to enjoy it.

I know people get off on power but given his unlimited bank account I’d rather have free time.

Same but I don't think that is how the types who end up running companies like Disney work. They are just wired differently in many cases.

In Iger's case, if we want to believe the article, he asked for no payment coming back (which the board rejected) and his main motivation was more a sense of obligation to fix things and save the company from the spiral it was in. We can all argue with what he thinks will "fix" things or how he helped create the situation to begin with or even if his view of himself as a savior is just ego manifest with no basis in reality but I don't doubt that money was never a motivation.

 

[Serpico Jones]

Yep, and let's be honest, what is the lower stock price even based on?

Wall street doesn't even know what it wants.

They want Disney+ to become Netflix.

 

[MR.Dis]

I still don’t know why he came back, an old man with hundreds of million of dollars in the bank and no time to enjoy it.

I know people get off on power but given his unlimited bank account I’d rather have free time.

One word: EGO

 

[Sirwalterraleigh]

One word: EGO

…and a deathly fear of being irrelevant

Which is the same thing