News on Medial

Bob Iger has one really, really important thing left to do

Business InsiderBusiness Insider · 8m
Bob Iger has one really, really important thing left to do

After winning a proxy battle against Nelson Peltz and Trian Partners fund, Disney CEO Bob Iger is focused on continuing to improve the company. He has already taken various steps to address investors' concerns, including cost-cutting measures, turning streaming into a profitable venture, and exploring new growth opportunities. Wall Street has responded positively to these efforts, with Disney stock rising 35% this year. However, the ongoing challenge is finding a suitable replacement for Iger when he steps down in 2026. While internal candidates are being considered, it remains uncertain when an announcement will be made. Ultimately, the success of Iger's turnaround efforts and the investor's patience will only be known in the future.

Comments

Download the medial app to read full posts, comements and news.