Alexandra Steigrad
Disney CEO Bob Iger says he’s ‘obsessed’ with finding his replacement. On August 30, 2024, Iger revealed his commitment to this task after facing challenges with his previous successor. He aims to have a new leader in place by 2026.
During a recent podcast, Iger expressed that the search for a capable successor has become a top priority. His previous choice, Bob Chapek, faced significant issues, leading to his ousting.
Key takeaways:
- Iger is focused on finding his successor by 2026.
- Bob Chapek’s tenure was marked by controversy.
- James Gorman will lead the succession planning committee.
- Internal candidates include Dana Walden and Josh D’Amaro.
Bob Iger’s Commitment to Disney’s Future Leadership and Stability
Bob Iger’s return to Disney in 2022 was motivated by the company’s struggles. He now emphasizes the importance of a solid succession plan. The recent challenges faced by Disney, including the fallout from the pandemic and shifts in viewership, make this search critical. Iger stated that he thinks about CEO succession constantly, indicating his deep concern for Disney’s future.
Challenges Facing Disney as Bob Iger Searches for a Successor
Disney is navigating several challenges as Iger seeks his replacement. The company is experiencing a shift away from traditional TV and facing creative hurdles at Marvel. Additionally, ESPN is undergoing fundamental changes, and the theme parks business is slowing down. These factors complicate the search for a new CEO.
Potential Candidates for Disney’s Next CEO Role
Several internal candidates are being considered to succeed Iger. These include:
- Dana Walden – Co-chair of Disney Entertainment
- Josh D’Amaro – Head of parks and experiences
- Jimmy Pitaro – Chairman of ESPN
- Alan Bergman – Co-chair of Disney Entertainment
However, some insiders believe that none of these candidates may be ready by 2026, raising questions about Iger’s potential to extend his tenure.
