Part 7/11:
Digging into Disney’s SEC filings, analysts uncovered details revealing Iger’s long-term job security. An extension of his contract includes a five-year post-retirement security clause, meaning he is not expected to leave until at least 2031. This extension comes amid rumors and signals that Disney’s management intends to keep Iger firmly in place despite the company’s mounting issues.
This move resembles the earlier case of Bob Chapek’s renewal, which was timed strategically. However, critics argue these extensions signal an unhealthy reliance on a leader whose personal reputation may be overshadowing the company’s actual needs.