Disney chairman Bob Iger; James Costos, a close friend of Barack Obama with ties to Hollywood; and Ted Kaufman, Joe Biden’s loyal aide, are emerging as the front runners for the coveted position of U.S. ambassador to London. The appointment is the most prestigious in the president – and the Senate’s – gift: the ambassador … Read more
Walt Disney Co. Executive Chairman Bob Iger will forgo his entire multi-million dollar salary and other top executives will take pay cuts amid the coronavirus pandemic. Disney CEO Bob Chapek revealed the announcement in a memo emailed to staff members on Monday. Iger, 69, will waive his entire salary after raking in a staggering $47.5million … Read more
‘I don’t want to run the company any more’: Bob Iger opens up about stepping down as Disney CEO and says there’s ‘no rule book’ as it’s revealed he will retain creative control as chairman Iger spoke out on the morning after his surprise resignation as Disney CEO Disney executive Robert Chapek will take the … Read more
Disney CEO Bob Iger has been abruptly replaced as the head of the iconic company. The company announced on Tuesday after the close of trading that Iger would be stepping down as CEO and appointed executive chairman, effective immediately. Robert Chapek, previously Disney’s chairman of parks, experiences and products will take over as CEO. ‘I … Read more