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Disney CEO Bob Iger says he will go down in 2021



  Robert Iger, chief executive officer of Walt Disney Co., arrived in the morning session at Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Thursday, July 12, 2018.

David Paul Morris | Bloomberg | Getty Images

Robert Iger, chief executive officer of Walt Disney Co., arrived in the morning sessions at Allen & Co. Media and Technology Conference at Sun Valley, Idaho, US, on Thursday, July 12, 2018. [19659004] Disney's CEO Bob Iger said he would definitely be back off his post office in 2021.

Iger expanded his Disney contract twice during his tenure. Once in 2018 and then by 2021, but it depends on Fox's closing deal. Because this bundle is packaged, Iger will stay with the company as the chief executive over the next two years. "

" I talked to the board for a few hours and talked about a succession and they shared a process of opposition, "says Iger." And we continue to feel that they will recognize my successor on a timely basis this company has a smooth transition. "

Iger has helped many Disneys, including Pixar in 2006, Marvel in 2009 and Lucasfilm in 2012. He also launched the launch of Disney + , a streaming service full of original movies and TVs as well as Disney's slate of classic animated and live-action content.

There have been rumors last month that the internal restructuring of Disney has set up of two top executives as potential alternatives to Iger.

Kevin Mayer, 55, the leader of the company's strategy, was named Chairman of a new direct-to-consumer and international segme nt. And Robert Chapek, 58, head of the parks, added consumer products to his administration.

Previous consumer products James Pitaro, 48, have been named ESPN leaders, but are considered a long shot for CEO role.


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