Twenty-First Century Fox CEO Suggested as Replacement for Iger During Purchase Talks


The potential purchase deal between The Walt Disney Company and Twenty-First Century Fox just got even more interesting as Fox CEO James Murdoch is now being mentioned as a possible successor to Disney CEO Bog Iger.

Earlier today, it was reported that the two companies are moving closer to a deal, with an agreement possible as soon as next week.

Sources, including The Financial Times, now report that if the deal goes through, Murdoch would likely join Disney in an executive role, putting him in the middle of the succession discussion.

While Walt Disney Parks and Resorts Chairman Bob Chapek’s name was dropped recently as a possible candidate for the CEO position, there have been few other names mentioned since former Parks and Resorts Chairman Tom Staggs left the company in 2016.

Bob Iger, who is set to step down in July of 2019, has already delayed his retirement several times, but insists to shareholders that a suitable replacement will be found.

Source: Business Insider/The Financial Times

Recommended Articles
Related Posts
Tags: , , ,