During his introductory comments during today’s Annual Meeting of Shareholders, Walt Disney Company Executive Chairman Bob Iger reiterated that he will leave the company at the end of his current contract on December 31st.
Just to remind everyone, Iger stepped aside from the role of CEO in February 2020, with Bob Chapek taking over the role. With this, he assumed the role of Executive Chairman and has directed the Company’s creative endeavors, while leading the Board and providing assistance to Bob Chapek during the transition period.
Iger’s comments are very significant because he has, on multiple occasions, reversed course and extended his stay at the company.
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