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Bob Iger Confirms Intent to Leave Disney at End of the Year

Disney Executive Chairman and Chairman of the Board Bob Iger confirmed this week that he intends to step away from Disney in December. Iger stepped down at CEO of the company last February and Bob Chapek was installed in the role. Iger has continued on at the company, however, and helped it navigate the fallout from COVID-19.

“I will leave at the end of December with a strong sense of pride and a deep sense of appreciation for the very special place Disney holds in the hearts of people all over the world,” Iger said at Tuesday’s Disney shareholder meeting.

As Iger prepares to leave Disney, he shared that he expects the company will continue on and “adhere to the same principles” that he followed when leading Disney. Now, that job falls to Bob Chapek and other company leaders.

The confirmation of the departure of Bob Iger from Disney comes as Disney+, Disney’s streaming service, surpassed 100 million subscribers. It also comes as the Disneyland Resort looks poised to reopen its parks, as does Disneyland Paris. There have been lots of highs and lows throughout this year but Iger looks to be ready to move on and is confident that the company is in good hands.

What do you think about Bob Iger leaving Disney at the end of the year? Share your thoughts and opinions in the comments below!

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One Response

  1. I understand nothing is forever, but it will be a very sad day when Iger leaves Disney. I really wish he would stay.

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