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Disney's Iger plans to step down as CEO before contract expires, WSJ reports

Bob Iger plans to leave Disney CEO role before contract ends, citing frustration with internal conflicts and desire to focus on personal interests, including sailing and sports ownership.

  • The Wall Street Journal reported Friday that Bob Iger, Disney CEO, has told associates he plans to step down before the Dec. 31 end of his contract.
  • Among reasons for stepping back, Iger told associates he is frustrated by conflicts at ABC and wants to spend more time sailing his new superyacht Aquarius and working with Angel City FC.
  • A board meeting next week will likely take place at Disney's Burbank headquarters where the Disney board of directors is expected to vote, while Josh D'Amaro and Dana Walden undergo mentorship and coaching.
  • The full Board of Directors will determine the next CEO, and Disney said it expects to announce the appointment in early 2026, with Iger up for reelection at the March 18 virtual meeting.
  • Against a backdrop of recent governance churn, Iger's 2025 compensation was $45.8 million, including $21 million in stock awards, after the board ousted Chapek in November 2022 and brought Iger back as CEO.
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Reuters broke the news in United Kingdom on Friday, January 30, 2026.
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