Today, Disney World is hosting their 2021 Annual Meeting of Shareholders, where a number of business items will be discussed along with potential announcements from Disney Parks, Studios, Direct-to-Consumer, and more!
Cinderella Castle
As the meeting began, Disney’s Chairman and former CEO Bob Iger made opening remarks, where he shared comments on the end of his time with the company.
Bob Iger shared that, at the end of 2021, he will step down from the company after a 47-year long career with Disney. Iger previously announced that he will step down in 2021, after his original plans to step down in 2018 were extended twice.
©Alberto E. Rodriguez / Getty Images
When Bob Iger stepped down as CEO in February of 2020 and was replaced by Bob Chapek, he assumed role of Executive Chairman. During that announcement, it was shared that he would hold the position of Executive Chairman until the end of 2021. Later in the meeting, Bob Chapek expressed his appreciation for Iger’s mentorship and looks forward to building on Iger’s legacy.
Bob Chapek at the Rise of the Resistance’s Dedication Ceremony
We will continue to bring you the latest news from the Walt Disney Company as the Annual Meeting of Shareholders continue!
Click here to read about the latest earnings news from the first quarter of FY 2021.
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The post NEWS: Bob Iger Confirms He Will Still Leave Disney in December first appeared on the disney food blog.