Search Results - Iger, Robert

Bob Iger

Robert Alan Iger (; born February 10, 1951) is an American media executive who is chief executive officer (CEO) of The Walt Disney Company. He previously was the president of the American Broadcasting Company (ABC) between 1994 and 1995 and president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then was executive chairman until his formal retirement from the company on December 31, 2021. After his exit from the company, Iger continued as an advisor to his successor.

However, at the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the unscheduled and immediate dismissal of his appointed successor, Bob Chapek. Iger's 2023 pay package included a base salary of $865,385, stock awards of $16.1 million, $10 million in stock option awards, $2.1 million in performance-based compensation and $2.48 million in other compensation, leading to a total pay award of $31.6 million, according to Disney's annual proxy statement. In July 2023, Disney renewed Iger's contract until 2026.

Considered a highly effective and visionary media executive, Iger was able to broaden Disney's roster of intellectual properties, expanded its presence in international markets, and oversaw an increase of the company's market capitalization from $56 billion to $231 billion during his initial 15-year stewardship of the company. He led the major acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and the entertainment assets of 21st Century Fox in 2019 for $71.3 billion. Iger also expanded the company's theme park resorts presence in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. Additionally, he was also the driving force behind the reinvigoration of Walt Disney Animation Studios, the branded-release strategy of its film studio's output, and the company's increased investment in its direct-to-consumer businesses, including Disney+ and Hulu. Provided by Wikipedia