Bob Iger to Resign as Disney CEO by 2026: Report
Bob Iger is planning to resign as the CEO of Disney before his contract concludes on December 31, 2026. According to a report from the Wall Street Journal, Iger has expressed to associates his desire to step away from daily operations and has noted his frustration with various conflicts, particularly a recent incident involving Jimmy Kimmel.
Succession Planning at Disney
The Disney board is gearing up to announce Iger’s successor in early 2026. A meeting is scheduled next week at Disney’s Burbank headquarters, where the board will discuss candidates for the top position.
Possible Successors
While the specific candidates have not been officially disclosed, two individuals are emerging as frontrunners:
- Josh D’Amaro: Chairman of Disney Experiences, overseeing parks, cruises, and consumer products.
- Dana Walden: Co-chairman of Disney Entertainment, responsible for global streaming initiatives.
Online betting markets currently show a strong preference for D’Amaro.
Iger’s Future Plans
Iger is reportedly looking forward to devoting more time to personal pursuits. He has expressed interest in sailing his new superyacht, the Aquarius, and collaborating more closely with his wife, Willow Bay, who is the dean of the USC Annenberg School for Communication and Journalism. Additionally, Iger is actively involved with Angel City FC, the women’s soccer team in which he holds a controlling stake.
Financial Overview
In 2025, Iger’s total compensation reached $45.8 million, which marked an increase of 11.5%. His earnings included:
- $21 million in stock awards
- $14 million in stock options
- $7.25 million cash bonus
- $2.59 million in other compensation, including security and travel expenses
Iger is also up for reelection to Disney’s board during the 2026 annual shareholders meeting scheduled for March 18.
Conclusion
Iger’s extensive experience and understanding of Disney’s creative and technological landscape have been acknowledged in the company’s proxy statement. As he prepares to step down, the focus will shift to his successor, marking a new chapter for Disney’s leadership.
