The entertainment giant’s shares rose nearly sixfold during Iger’s first 15-year stint as chief executive officer through to February 2020.
, at a time when rival Netflix is adding subscribers again.
Big stock gains for storied CEOs returning for a second tour are far from certain, but there are some high-profile successes — Starbucks Corp. shares rallied more than 500% in Howard Schultz’s second term after he returned to steer the coffee-shop operator out of the financial crisis. On the flip side, Michael Dell, who created one of the world’s biggest personal computer companies out of his college dorm room, came back as top boss in 2007. The shares continued to lag under him until he took the firm private in 2013.
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