Disney CEO Will Probably Extend Contract Past 2019 If Fox Buyout Happens


According to the Wall Street Journal and the Los Angeles Times, if Disney’s bid to acquire large parts of 20th Century Fox succeeds, Chairman and CEO Bob Iger will most likely extend his contract with the company. His current contract expires in July, 2019. The 66 year-old previously said he intended to retire at that time. Disney’s board would extend Iger’s contract to help the company navigate the significant regulatory hurdles, which would be needed to finalize any Fox buyout deal, and to oversee integration of Fox properties within Disney.

Tags: Bob Iger, Los Angeles Times, The Walt Disney Company, 20 Th Century Fox, Corporate Governance, Robert Iger, News Corporation, Pulitzer Prize For Criticism, 20th Century Fox