DIS - Who Will Be Disney's Next CEO? Hunt For Bob Iger's Successor Accelerates As Boardroom Drama With Activist Investor Settles Down | Benzinga
The search for a new CEO at The Walt Disney Company (NYSE:DIS) has intensified, following the end of a protracted proxy battle with activist investor Nelson Peltz.
What Happened: Disney’s board has repeatedly delayed decisions regarding Iger’s successor, pushing back his retirement date on five occasions, Reuters reported on Thursday.
However, ahead of Wednesday’s shareholder vote, board members reassured investors that they are now earnestly considering both internal and external candidates for the position.
Industry insiders this week have singled out Disney Entertainment Co-chairman Dana Walden as a top contender. Other potential successors include Disney Experiences Chairman Josh D'Amaro, ESPN Chairman Jimmy Pitaro, and Disney Entertainment Co-Chairman Alan Bergman.
Michael Nathanson, a media analyst at MoffettNathanson, emphasized the need for a comprehensive selection process, stating, “This has to be done better than last time, obviously. They have four good candidates and ...