Disney4me Posted December 27, 2023 Report Share Posted December 27, 2023 It’s been just over a year since Bob Iger returned to The Walt Disney Company as CEO. ©Disney When he returned, he made it clear that his leadership within the company wouldn’t last forever. However, he did promise that he would be involved in the search and training of his successor — the person who would take over as CEO after Bob Iger’s (updated) contract ends in 2026. Bob Iger’s successor is a major concern not only for Disney fans, but for company stakeholders and investors in The Walt Disney brand. Well, media executives are now chiming in with their predictions for who they think the successor could be. After speaking with 13 former and current media executives, CNBC reported their predictions for Iger’s successor. The executives chose to remain anonymous, but these three predictions still captured our interest. Let’s talk about it! Prediction #1: Iger will extend his contract. Whew! One executive shared that they believe that Iger will extend his contract past 2026, despite his claims that he would walk away from the company “forever” once his contract ended. However, we’re not sure whether or not we should put all our faith in that statement, as Iger has extended his contract as CEO five different times. ©MasterClass And yes, in 2021, when he was passing on the baton to Bob Chapek, he declared he was done for good, too. We see how that went! The executive who predicted that Iger will once again extend his contract said, “Fool me five times, shame on me.” They also went on to say that Iger is the one person who has the ability to understand and lead the company with a steady hand. Prediction #2: Dana Walden will succeed Iger. Dana Walden currently serves as the co-chairman of Disney Entertainment. Many (and not just this executive) believe that Iger will choose Walden as his successor before he moves back into a chairman role — just like he did when Chapek took over in 2020. ©Disney The executive shared that they believe the announcement that Walden will take over will come in late 2024, even though reports in September stated that the successor would probably be announced in 2025 so that the upcoming CEO has ample time to prepare. Prediction #3: Disney will buy Cable Media and Kevin Mayer will take over as CEO. Kevin Mayer, who once worked as the Chairman of Direct-to-Consumer and International segment, stepped down in May of 2020 as Rebecca Campbell was given control over the role. He went on to become the CEO of TikTok and then the CEO of privately-held Candle Media. Bryan van der Beek | Bloomberg | Getty Images We learned that Mayer recently advised Disney as far as the future of the legacy TV business, and he’s also been mentioned before as a potential successor. Well, there you have it! We’ll just have to wait and see what actually happens. Make sure to follow along for more so that you’re always in the loop. Looking for more on Bob Iger? Click here! Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe! WE KNOW DISNEY. YOU CAN, TOO. Oh boy, planning a Disney trip can be quite the adventure, and we totally get it! But fear not, dear friends, we compiled EVERYTHING you need (and the things to avoid!) to plan the ULTIMATE Disney vacation. Whether you're a rookie or a seasoned pro, our insider tips and tricks will have you exploring the parks like never before. So come along with us, and get planning your most magical vacation ever! GET YOUR GUIDE NOW Who do you think will succeed Bob Iger? Let us know in the comments! The post Media Executives Predict Who Will Take Over As Disney CEO When Bob Iger’s Contract Ends first appeared on the disney food blog.View the full article Quote Link to comment Share on other sites More sharing options...
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