Bob Iger To Step Down As Disney CEO In 2015
October 10, 2011 at 3:55 AM (PT)
BOB IGER has inked a new five-year deal with THE WALT DISNEY CO., but the CEO's contract will be his last with the company, with the disclosure that he will step down from the CEO post in 2015, when he turns 65 years old.
IGER will add the position of Chairman in MARCH 2012 when JOHN E. PEPPER JR. retires, will serve as dual Chairman/CEO for three years, and will serve a year as Executive Chairman through JUNE 2016.
The announcement makes no mention of a successor to IGER as Chairman or CEO. DISNEY is also dealing with the loss of STEVE JOBS, who served as a board member since DISNEY bought PIXAR in MAY 2006.