Bob Iger Signals Disney Exit, Succession Plan Takes Center Stage

• Bob Iger, CEO of The Walt Disney Company, plans to step down and reduce day-to-day management before his contract ends on December 31.
• Disney's succession planning has been under intense investor scrutiny, especially after Iger's return in 2022 to replace Bob Chapek.
• The board is expected to meet next week at its Burbank, California headquarters to vote on Iger's successor.
• Iger has expressed readiness to move on from CEO demands and frustration over internal conflicts, including the Jimmy Kimmel suspension.
• He is expected to mentor the new leader for several months and may remain on Disney's board post-transition.

Why It Matters: Bob Iger is preparing to exit Disney, with the board set to vote on his successor soon.