Bob Iger Extends Disney Deal to July 2019 CEO’s previous contract was set to expire next JuneImage 1 of / 1 Caption Close Image 1 of 1 Bob Iger Extends Disney Deal to July 2019 1 / 1 Back to GalleryThe Walt Disney Company has extended Bob Iger’s contract to July 2, 2019.
Read original story Bob Iger Extends Disney Deal to July 2019 At TheWrap
Also Read: Disney CEO Bob Iger Says He’s Willing to Stick Around Past 2018Disney’s stock (DIS) enjoyed a mini-surge after news of the boss sticking around broke this morning at 11 a.m.
“Leading this great company is a tremendous privilege, and I am honored to have been asked to continue serving as CEO through July 2, 2019,” Iger said in the announcement regarding his extension.
Iger has led The Walt Disney Company to unprecedented success during his 11 years as CEO, driving Disney to new creative heights, expanding the Company’s global reach, fostering technological innovation, and delivering year-after-year of record financial results,” he continued.
Why Bob Iger is going to wait a little longer for his Disney ending
Disney chief executive Bob Iger joins visitors on the opening day of the Disney resort in Shanghai.
(Ng Han Guan/Associated Press)Disney chief executive Bob Iger’s contract is getting yet another sequel.
The repeat contract extension was cheered by shareholders — the stock moved up slightly Thursday — and followed earlier comments by Iger that he was open to staying on.
“I think it’s a negative that [the extension] is not longer, but it’s a positive that we’ve got him another year.
Needham’s Martin said that if any health problems arose for Iger, 66, it could lead to a drop in shares at the company.
As it stated in Disney CEO Bob Iger is giving insight into the future of virtual reality in the company’s theme parks.
“I’ve actually exhorted our team to not create virtual reality experiences at the parks,” Iger said.
Knott’s Berry Farm and Six Flags are planning to use virtual reality experience to reinvigorate rides.
No virtual reality is an interesting position to take, considering what other theme parks are doing.
SeaWorld Orlando is set to debut its first virtual reality coaster this summer.
collected by :Molly Tony