DIS - 'Bob Iger Is The Best Of The Best:' Byron Allen Throws Support Behind Disney CEO Amid Company's Hurdles | Benzinga
Media magnate Byron Allen has shown unwavering support for Disney (NYSE:DIS) CEO Bob Iger despite the company’s ongoing struggles.
What Happened: Allen expressed his confidence in Iger on Tuesday, during CNBC’s “Last Call” on Tuesday. This comes during a challenging time for the entertainment behemoth.
Allen said, “Bob Iger is the best of the best. He will do a great job as always. It’s just a speed bump,” indicating his belief in Iger’s ability to steer the company through its current challenges.
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Why It Matters: Allen’s endorsement arrives at a crucial time for Disney, which is grappling with several issues. His faith in Iger’s leadership could potentially sway investor sentiment and market ...