Business News
Disney boss Bob Iger to step down
Oct 7, 2011, 18:46 GMT
Los Angeles - Disney chief executive Bob Iger is to step down in 2015 after 10 years on the job, but will remain as chairman of the board until 2016 when he will retire, the entertainment conglomerate said Friday.
No successor has yet been chosen for Iger, who succeeded Michael Eisner as CEO in 2005.
Under his new contract Iger, who currently only serves as CEO, will also serve as chairman from March of next year, taking over from John Pepper who has served four years in the role.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
