Why One Media Executive Thinks Bob Iger Could be Returning as Disney’s CEO

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The Walt Disney Company is a media giant that owns properties like ESPN, Marvel, and ABC to theme parks and more.

©Disney

The company has had many changes in the past few years. They began their own streaming service, Disney+, and had a major change of leadership, with former CEO Bob Iger stepping down from his position. But, one source says the former executive might be returning to his old position!

An anonymous executive said that there are internal wagers at Disney about Bob Iger returning as CEO, according to CNBC. Bob Chapek is the current CEO of the Walt Disney Company.

©Alberto E. Rodriguez / Getty Images

Bob Iger extended his contract after planning to retire several times when he was CEO — in 2015, 2016, and 2018, according to CNBC. He only just stepped down from the position in 2020 and remains Disney’s executive chairman until the end of the year.

Bob Iger ©Bloomberg

There are no confirmed reports on if Iger wants to return at CEO, this was just a prediction from one media executive. Iger is currently working on a second book, according to The Hollywood Reporter — he published his first in 2019.

©Amazon

Disney shares have gone down nearly 20% year to date, and Iger owns a lot of those shares. CNBC says that the board and Iger may get restless if Disney+ growth stagnates.

©Disney

We’ll keep an eye out for any news on the possible return of Bob Iger, so stay tuned to DFB for more!

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What do you think? Could Bob Iger come back as Disney’s CEO? Let us know in the comments!

The post Why One Media Executive Thinks Bob Iger Could be Returning as Disney’s CEO first appeared on the disney food blog.

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