Welcome to edition 16 of C-Suite Transitions, a new weekly series on InsideArbitrage that tracks appointments and departures at publicly traded companies during the prior week. We highlight five appointments and departures each week by picking the largest companies from the full list of management changes.
Disney (DIS) – The Return of Bob Iger
The Walt Disney Company needs no introduction. Founded in 1923, Walt Disney (DIS) has established itself as a household name in family entertainment as well as a leading international media conglomerate.
On November 20, 2022, The Walt Disney Company announced that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Bob Chapek, whose contract was extended earlier this year until February 2023 stepped down from his position as Chief Executive Officer. Iger agreed to serve as Disney’s CEO for two years until the end of 2024. Iger has spent more than four decades at the company, including 15 years as CEO from 2005 to 2020 and Executive Chairman and Chairman of the Board through 2021.