Disney Executive Chairman Bob Iger reiterates that he will leave the company on December 31 2021

By WDWMAGIC Staff · Tuesday March 9, 2021 1:05pm ET · "The Walt Disney Company"
Disney Executive Chairman Bob Iger reiterates that he will leave the company on December 31 2021
Bob Iger comments on his departure during today's 2021 Annual Meeting of Shareholders.

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Bob Chapek and Bob Iger

Bob Iger (left) assumes Role of Executive Chairman through 2021, Bob Chapek (right) is the new Disney CEO

Walt Disney Company Executive Chairman Bob Iger today reiterated that he will leave the company at the end of his current contract on December 31 2021.

He made the comments during his introductory comments during today's 2021 Annual Meeting of Shareholders, which Iger will be attending (virtually) for the final time.

Iger stepped aside from the role of CEO in February 2020, with Bob Chapek taking over the role. At that time, Bob Iger assumed the role of Executive Chairman and has directed the Company's creative endeavors, while leading the Board and providing assistance to Bob Chapek during the transition period.

Iger's comments today are significant because he has, on multiple occasions, reversed course and extended his stay at the company.