Disney shares busted out of the starting gate, rising 8% in early trading on a wave of optimistic sentiment about Bob Iger’s return engagement as CEO. The stock pushed near the $100 mark afte…
The stock pushed near the $100 mark after rising in pre-market trading. It had slumped more than 40% in 2022 to date as financial results have weakened on the watch of ousted CEOWall Street analysts weighed the company’s new prospects under Iger, who ended a 15-year run as CEO in 2020 before being summoned out of retirement by the company’s board of directors in a Sunday night shocker. The 71-year-old exec will serve at least two years in the top job and identify a successor, the board said.
As a leader, Nathanson added, Iger’s “communications skills and his ability to stay focused and honestly optimistic in the face of structural challenges provided a constant ballast in the roughest of media waters. We believe investors will value the transparency and return Disney some of its long-lost magic with aBank of America’s Jessica Reif Ehrlich was among many to take note of the oddity of the board ejecting Iger’s hand-picked successor, Chapek.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Disney CEO Swap: Bob Chapek Replaced By Previous CEO Bob IgerThe top spot at the world's biggest entertainment creator just flipped yet again.
Les mer »
Bob Iger named Disney CEO again, replacing Bob Chapek, in a shock to Hollywood | CNN BusinessBob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It's a shocking development at Hollywood's biggest company.
Les mer »
Disney stuns as Bob Iger returns as CEO, replacing Bob ChapekDisney announced on Sunday that Bob Iger would return to be the company's CEO for two years, replacing outgoing Bob Chapek.
Les mer »
Disney fires Bob Chapek, taps ex-CEO Bob Iger to return, set strategyCHapek faced blowback earlier this year for not using the company’s vast influence in Florida to help quash a Republican bill that would prevent teachers from instructing early grades on LGBTQ issues.
Les mer »
Bob Iger Returning as Disney CEO, Bob Chapek ExitsDisney’s board of directors said that Iger “has agreed to serve as Disney’s CEO for two years, with a mandate from the Board to set the strategic direction for renewed growth” and…
Les mer »
Bob Iger Returns to Disney, Replaces Bob Chapek as CEOIn one of the most shocking industry moves of the year, Bob Iger has found his way back to Burbank [...]
Les mer »