How Disney's CEO Brought Massive Growth To The Company
We take a look into Bob Iger's growth of Disney with supporting facts, from Business Insider.
Bob Iger started his role as chairman and CEO role in 2005 and came out of the gates running with acquisitions. He acquired Pixar in 2006, Marvel in 2009, and 21st Century Fox earlier this year.
When Iger stepped in as CEO, Disney was weak and in a bad spot. The board members and executives had a bad relationship and this was the first task on his agenda. Since Iger took over at Disney, the company's share price has risen 335 percent.
"We had been through a rough five-year period, with a hostile takeover attempt, a shareholder revolt, and a battle with two prominent board members," Iger said.
Iger plans to step down from his role in 2021.
Bob Iger has brought Disney out from the dark and its stock has increased 335 percent since he started.