Bob Iger

Robert Allen Iger (; born February 10, 1951) is an American media business executive who serves as Chief Executive Officer (CEO) of The Walt Disney Company. He previously served as the President of ABC between 1994 and 1995 and as president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then served as executive chairman until his retirement from the company on December 31, 2021. After his exit from the company, Iger served, at the company's request, as an advisor to his successor. Iger was awarded $2 million per year for such advice. However, at the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the unscheduled and immediate dismissal of his appointed successor, Bob Chapek. During his initial 15-year stewardship of the company, Iger broadened Disney's roster of intellectual properties, expanded its presence in international markets, and oversaw an increase of the company's market capitalization from $48 billion to $257 billion. He led the major acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and the entertainment assets of 21st Century Fox in 2019 for $71.3 billion. Iger also expanded the company's theme park resorts presence in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. Additionally, he was also the driving force behind the reinvigoration of Walt Disney Animation Studios, the branded-release strategy of its film studio's output, and the company's increased investment on its direct-to-consumer businesses, including Disney+ and Hulu. As CEO, Iger is awarded approximately $27 million in annual target compensation, composed of a $1 million salary, a $1 million bonus and $25 million in incentive based performance pay. Disney has renewed Iger's contract until 2026. Early life and education Robert Allen Iger was born to a Jewish family in New York City. He is the oldest son of Miriam "Mimi" (née Tunick) (1927–2013) and Arthur L. Iger (1926–2010). His father was a World War II Navy veteran who was the executive vice president and general manager of the Greenvale Marketing Corporation, and was also a professor of advertising and public relations.