According to CNBC, Disney CEO Bob Iger will likely extend his stay in the company beyond the previously pledged timeframe of 2019. The reasoning behind the extension would be due to the possible deal of The Walt Disney Company buying Twenty-First Century Fox assets.
If the deal goes through it is likely that Iger would stay with the company for an additional two or three years, pushing back Iger’s tenure until 2021 or 2022.
There has been ongoing speculation as to who will succeed Iger when he finally steps down after his many contract extensions, most recently with Walt Disney Chairman of Parks and Resorts Bob Chapek being mentioned as the prime contender for the role; now, Fox CEO James Murdoch has been added to the list possible replacements.
Credit: CNBC
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