Bob Iger, Chairman and ex-CEO of The Walt Disney Company, has sold $98.7 million worth of shares in the company in an effort to diversify his portfolio. According to Bloomberg, Iger disposed of 550,570 shares at an average price of $179.21 on June 1, cutting the shares he owns by 50% to 555,865. In a statement, Disney said, “The value of these shares reflects the significant shareholder value generated under his leadership.” Iger took over as CEO of The Walt […]
The post Bob Iger Sells $98.7 Million in Disney Shares Ahead of Company Departure appeared first on WDW News Today.