Disney CEO Bob Iger Will Likely Extend Contract Past 2019 If Fox Buyout Closes
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, the Wall Street Journal and Los Angeles Times report.
Iger’s current contract expires in July, 2019, and 66 year-old Iger previously said he intended to retire at that time. According to the LA Times, Disney’s board would extend Iger’s contract to help the company navigate the significant regulatory hurdles needed to finalize any Fox buyout deal, and to oversee integration of Fox properties within Disney.