Disney C.E.O. Bob Iger has notched three impressive wins in his six months back in the saddle: gracefully disarming activist investor Nelson Peltz, outfoxing Ron DeSantis, and cleverly restructuring the company. But his two biggest challenges remain: resuscitating Disney’s essentially lifeless stock price and, most important, choosing a worthy successor (again). Herewith, a few candidates and predictions for the Succession Planning Committee.
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Despite his early successes, the ageless C.E.O. still has two vitally important tasks in front of him: cranking up Disney’s moribund stock price and finding a real successor, one that can outlast the 33-month tenure of Bob Chapek. He’s got some 18 months left.
Hard to imagine, but it’s been six months since Bob Iger boomeranged back into the Disney corporate suite with the clearly articulated, multi-pronged goal of un-fucking up the Chapek messes (within the talent community, the Florida legislature, etcetera), rejuvenating the stock price, and finding his real successor, and all in a tidy two-year window. Iger’s successes in this short span have been impressive. He’s seen off a serious threat from an activist investor, restructured the company and outfoxed the governor of Florida. An impressive trifecta of early accomplishments...