Disney CEO Bob Iger Bids Farewell: “I Believe Deeply In This Company’s Future”

Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Bob Iger bid farewell to Disney Wednesday, as he handed over the reins to new CEO Josh D’Amaro. At the Disney Annual Shareholder meeting, after a video montage showing Iger’s decades at the company, including his early career at ABC, Iger reflected on his tenure, particularly on his surprise return as CEO in 2022, as well as what he says was the “lost confidence” employees had in the company after Bob Chapek’s brief tenure as CEO. He expressed more confidence, however, in the new leadership. “When I returned in 2022, people had lost confidence in the company they worked for. Today, everywhere I turn, I sense confidence and excitement about what lies ahead,” Iger said. “So as I step away, I do so with enormous gratitude and real optimism. I believe deeply in this company’s future, because I believe in Josh D’Amaro and the people who will help him shape it next. Josh is a wonderful choice to lead the Walt Disney Company. He has passion for our businesses and brands, respect for our people, and he appreciates what makes this company so unique, and Dana Walden will play a vital role focusing on our most critical endeavor, creativity.” Related Stories Business Dana Walden Sets Leadership Team at Disney Entertainment Business Paul Roeder to Lead Global Communications for Disney He went on to further emphasize one of his key tenants as CEO, particularly in the second part of his tenure, as he worked to restore the creative engines of the company, after Chapek had reorganized the company so that decisions about TV and film budgets, finances, marketing and distribution were made by a separate division under Kareem Daniel, rather than by creatives themselves. He also spoke vaguely to the “challenges” the company has faced when he returned in 2022, wh...