Disney CEO Bob Iger's Surprise Possible Replacement RevealedKevin Mayer, co-CEO and founder of Candle Media, a U.S. production company, is also on the list. A former Disney executive, Mayer left the company to head up TikTok's operations in America after Bob Chapek initially succeeded Iger.
Though Disney recently renewed Mr. Iger's contract until 2026, he remains under pressure to find a successor before then. Disney watchers have already identified potential candidates, including Dana Walden, the company's co-chair of filmed entertainment, and Josh D'Amaro, its theme parks chief.
Iger, 72, returned to Disney as CEO in November 2022, less than a year after he retired, to revamp the media company after the board ousted his hand-picked successor, Bob Chapek. Iger had planned to stay for two years but agreed to extend his stay through 2026.
In February 2020, as Disney's head of streaming, Kevin Mayer, was in the line of succession for CEO. But Mayer, seen here on Sept. 29, 2022, and colleagues were stunned when Iger announced Bob Chapek would replace Iger immediately.
Bob Chapek may have been replaced by current CEO Bob Iger in November, but he exited with more than $24 million for the year. Iger, who served as CEO from 2005 to 2020, is set to earn up to $27 million a year, according to a 2022 SEC filing.
NBA Commissioner Adam Silver reportedly listed amid potential successors for Disney CEO Bob Iger
How rich are Disney heirs?
GOBankingRates estimated the company's net worth to be roughly $130 billion. Roy O.'s grandson, Roy P., said at one point that the family owns less than 3% of the company. Even so, that would put their fortune around $3.9 billion (not counting any investments in addition to Disney holdings).
Iger has described himself as a political centrist. He previously identified with the Democratic Party. In 2016, Iger switched his party registration from Democratic to independent.
The Disney family's fortune isn't known, but the family owns less than 3% of the company, according to Walt Disney's grand-nephew, Roy P. Two of Walt Disney's grandchildren became embroiled in a feud over their trust funds.
The answer after Sunday's tense 90-minute finale was: none of them. In the end, it was Lukas Matsson (Alexander Skarsgard) who succeeded in taking over the company, with Minnesota-born Tom Wambsgans (Matthew Macfadyen), Shiv's estranged husband, appointed to a job as a compliant American CEO.
It was later revealed that while Chapek remained CEO, Iger said he intended to resume control of the company's operational duties for the time being, due to the COVID-19 pandemic. In numerous interviews with financial news outlets during the pandemic, Chapek has said he is focusing on opening Disney's theme parks.
Disney CEO Bob Iger. Walt Disney will pay Bob Iger about $27 million annually for returning as chief executive officer under a new two-year deal. Iger will receive a base salary of $1 million and a bonus equal to that amount, according to a filing by the company on Monday.
Chapek's downfall arose, at least in part, out of his bungled response to Florida's controversial Parental Rights in Education bill, dubbed the “Don't Say Gay” bill by critics. His decisions had far-reaching effects on both Disney's reputation and on the company's “favored nation” status in the state.
A COO is typically the second-highest executive within a company, after the CEO. They may oversee business development and administration, implementing strategies to work towards achieving the CEO's strategic vision for the company.
This time, Iger won't rely on acquisitions. Rather, he plans to expand Disney's theme parks with a $60 billion commitment over the next 10 years, build an ESPN direct-to-consumer platform no later than 2025 and rebuild Disney's movie studio business, which Iger said has suffered from making too many films.
What percentage of Disney does the Disney family own?
According to Walt Disney's grand-nephew, Roy Patrick Disney, Walt and Roy owned about 20% of the company by 1960 and today the whole family owns less than 3% of it. Most of the family has stayed out of the business.
Per the terms of their combined trusts — today worth about $400 million — Walt Disney's grandchildren were to receive 20 percent distributions, a good portion of it in Disney stock.
Roy's son, Roy E. Disney, who was still involved with the Company business until 2006, passed away back in 2009. Ron Miller (Walt's son-in-law and former Disney CEO forced out by Eisner back in '83) and his wife Diane (Walt's daughter) are both still alive and well and living in Northern California.
As a US businessman and corporate leader, Bob Iger net worth is thought to be $350 million. Bob Iger has been able to significantly increase Disney's success as CEO by overseeing the acquisition of companies like LucasFilm, Pixar, and Marvel.
The estimated total pay for a Disney Princess at Walt Disney Company is $29 per hour. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $27 per hour.
How much does a Walt Disney World Cast Member make? As of Nov 22, 2023, the average hourly pay for a Walt Disney World Cast Member in the United States is $16.79 an hour.
