The Walt Disney Co. Extends CEO Robert Iger's Contract to 2018
The Walt Disney Co. says it has extended Robert Iger's contract as chairman and CEO by two years through June 30, 2018.
The Walt Disney Co. says it has extended Robert Iger's contract as chairman and CEO by two years through June 30, 2018. The 63-year-old Iger was named as the company's CEO in 2005. Disney acquired Pixar, Marvel and Lucasfilm during his tenure, expanding its status as an entertainment and media empire. Disney also owns ABC and ESPN. Disney's market capitalization grew from $48.4 billion in 2005 to $150 billion since Iger became the CEO. Disney shares slipped on Thursday in afternoon trading but have risen 34% over the past year.
