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Disney (DIS) CEO Bob Iger is set to retire in 2026, but the company has yet to announce who will succeed Iger. The CEO has been a big part of the company's recent turnaround, with the company's CFO Hugh Johnston telling Yahoo Finance, "The magic is back at Disney" under Iger's leadership. The Wall Street Journal reporter Robbie Whelan sits down with Market Domination Overtime Hosts Julie Hyman and Josh Lipton to share what he's learned reporting on Iger's approaching succession.
Johnston reported that Disney is considering external candidates for the soon-to-be-open CEO role, including Andrew Wilson, the EA CEO. "Wilson has a pretty, pretty long-standing relationship with the company. He's known Bob Iger for a pretty long time ... The first major kind of encounter between the two, the two men and the two companies, was in 2018 when Andrew Wilson interviewed for the job of head of ESPN, a job that eventually went to Jimmy Pitaro, who is also in the mix as a potential CEO succession candidate."
Iger has reportedly checked in with Ted Sarandos, a co-CEO at Netflix (NFLX) to ask how the two-person CEO structure has worked out for the streaming giant. Johnston says, "The two names that everyone has in mind when it comes to a potential co-CEO arrangement at Disney are Dana Walden, the co-chair of their entertainment division, and Josh D'Amaro, the chairman of the experiences division." The reporter notes, "It's unclear if that same structure would really work at Disney the way it has so well at Netflix."
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This post was written by Naomi Buchanan.