FILE - In this Sept. 11, 2015, file photo, Chairman of Walt Disney Parks and Resorts Bob Chapek poses with Minnie Mouse during a ceremony at the Hong Kong Disneyland, as they celebrate the Hong Kong ...

Disney CEO Bob Iger said new IP is of great value to the company longer term while the popularity of franchises remains high ...

Less than three years have passed since Chapek was named successor of Iger, who hand-picked him for the position after spending 15 years as the head of the entertainment business.

Bob Iger, CEO, of The Walt Disney Company, appears at the Disney Entertainment Showcase in Anaheim, Calif., on Aug. 9, 2024. (Jesse Grant/Getty Images for Disney) ·Jesse Grant via Getty Images ...

Iger initially intended to retire by 2015, but extended his contract multiple times before stepping aside in 2020. His replacement, Bob Chapek, lasted only 33 months, after which Iger returned.

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — The ABC defamation settlement with Donald Trump, which ...

(Reuters) -Walt Disney said on Monday it would announce a replacement for CEO Bob Iger in early 2026, marking the first time the storied media and entertainment company has formally announced a ...

But his handpicked successor, Bob Chapek, was ousted in 2022 and Iger returned to the top job with a two-year contract that was extended in 2023. Iger's total compensation last year was $31.6 ...