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Contract for Walt Disney CEO Extended to 2019 (Topic)

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Contract for Walt Disney CEO Extended to 2019

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Walt Disney's Board of Directors voted unanimously to renew the contract of its chairman and CEO, Bob Iger. According to Comingsoon, he will remain in office until at least July 2, 2019.

As stated in the official press release, during the years of Bob Iger's rule, the capitalization of Walt Disney has increased from $ 46 to $ 177 billion, and its shareholders have been able to make a profit of 448 percent. Walt Disney has acquired several important assets that are now generating multi-billion dollar profits.

"It is a great honor for me to lead this great company and I am grateful for the opportunity to lead it until July 2, 2019. Despite the enormity of the current successes that accompany the company, I am confident that its best days are still ahead, and I will do my best to ensure steady growth, as well as, with the help of the board of directors, determine the candidacy of the successor and the procedures for the transfer of powers in the future, "- said in a statement by Bob Iger himself.

Recall that in 2016, the divisions of the Walt Disney structure were marked by a number of records. In particular, all the places in the top five leaders in the list of the highest-grossing movie projects belonged to the movies and cartoons of the company.

The Topic of Article: Contract for Walt Disney CEO Extended to 2019.
Author: Jake Pinkman


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