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23.11.2024 / 00:51

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Bob Iger Sells $42.7M In Disney Stock, Following Through On Plan Revealed Earlier This Month

Bob Iger, who is in the home stretch of his two-chapter run as CEO of the Walt Disney Co., is selling $42.7 million in stock.

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Disney Touts Two-Year Turnaround Behind Studio’s Stellar Quarter

Just a year ago, Disney CEO Bob Iger was in the midst of an ongoing apology tour for the studio after string of tepid box office returns. At a conference last November, he acknowledged that things had a taken a downturn and promised, as he had been doing regularly, that Disney will be stressing quality over quantity after The Marvels, the latest Indiana Jones and a handful of other films disappointed.

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‘Alien: Romulus’ Sets Hulu Streaming Date Prior To Thanksgiving

The second highest grossing Alien movie in box office history, Alien: Romulus, will hit Hulu on Nov. 21. That’s a 98 day theatrical window, which is pretty robust and par for Disney since returning to windows post former CEO Bob Chapek. The title will hit DVD on Dec. 3.

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Disney Taps James Gorman as Chairman; Board Expects to Name CEO Replacement for Bob Iger in Early 2026

Todd Spangler NY Digital Editor The Walt Disney Co. board named James Gorman — who is leading the committee to identify a successor to CEO Bob Iger — as chairman, effective Jan. 2, 2025.

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Disney Board Committee to Find Bob Iger’s Successor as CEO Names James Gorman as Head

Todd Spangler NY Digital Editor Disney‘s board named director James Gorman, executive chairman of Morgan Stanley, as chair of its succession planning committee to identify a CEO replacement to take the reins from Bob Iger. Gorman, who joined the Disney board earlier this year, oversaw the recent succession process at Morgan Stanley, where he had previously served as the firm’s CEO.

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Auli’i Cravalho Teases ‘Moana’ Future: “Stay Tuned, We’re Only Getting Started” – D23

“Stay tuned, we’re only getting started.”

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Judge Whose Daughter Works For Disney Removes Herself From Relocation Lawsuit

The judge in the case of two women suing Disney over its scrapped plan to move staffers 2,500 miles across the country has stepped down because her daughter works for Burbank-based conglomerate.

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Disney’s Abandoned $1B Florida Relocation Plan Breeds Employee Class-Action Suit In Fallout From DeSantis Dust-Up

Disney‘s now-abandoned Florida relocation plan for staffers has created some pretty dark legal skies.

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Disney Director, Succession Planner & Longtime Morgan Stanley Chief James Gorman To Exit As Investment Bank Chair After Smooth CEO Handover There

Disney director James Gorman, who retired as CEO of Morgan Stanley in January after a smooth succession process, will also be stepping down as executive chairman of the financial giant.

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Media CEO Pay 2023: Guess Who Didn’t Get the Memo?

Bob Iger, CEO2023 compensation: $31.6M/+110.7%Median employee compensation $54,010Iger pay ratio to median employee: 595 It was a contentious time for the congenitally congenial Disney chief. First, he made some ill-considered remarks at Sun Valley, a conference for media barons held in a posh resort, characterizing striking actors’ demands as “not realistic.” Those words were slammed by SAG-AFTRA head Fran Drescher, with Iger becoming exhibit A for corporate greed.

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Proxy-Advisory Firm ISS Recommends Disney Shareholders Elect Nelson Peltz to Board

Todd Spangler NY Digital Editor Disney was handed a setback in its boardroom fight with activist investor Nelson Peltz after proxy-advisory firm Institutional Shareholder Services recommended that shareholders vote him onto the Mouse House’s board. ISS, whose recommendations are influential among institutional investors, cited Disney’s “failed” succession planning in the CEO role in its report backing Peltz, whose Trian Partners.

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Disney Shares Extend Recent Gains As Company Renews Attacks On Activist Investor Nelson Peltz

Disney shares were up 2% at mid-day Monday, extending their recent rally, as the company renewed its attacks on activist investor Nelson Peltz.

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Disney Shareholder Blackwells Capital Blasts Rival Nelson Peltz For Failing To Come Up With “A Single Strategic Idea That Would Benefit Shareholders”

Blackwells Capital, a Disney shareholder with plenty of opinions about who should sit on the company’s board of directors, blasted the rival Trian Group for its own board maneuvering.

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Disney CEO Bob Iger Pay Hit $31.6 Million in 2023; Board Rejects Candidates Nominated by Activist Investors

Todd Spangler NY Digital Editor Disney CEO Bob Iger saw his compensation hit $31.6 million in 2023 — down from $45.9 million in 2021, his last prior full year of employment at the company. Iger’s 2023 pay package included $865,385 in base salary, plus 16.1 million in stock awards, $10 million in stock-option awards, $2.14 million cash bonus and $2.48 million in other compensation, according to the company’s proxy statement filed Tuesday with the SEC. His contract with Disney runs through the end of 2026.

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Ex-Disney Chief Bob Chapek Appointed To Board Of Medical Firm Masimo As Company Battles Apple

Bob Chapek, a nearly three-decade Disney veteran who was ousted in 2022 as the media company’s CEO, has been appointed to the board of directors of medical tech firm Masimo.

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Disney, Film Financing Partner TSG Settle Lawsuit Over “Hollywood Accounting”

Disney and TSG Entertainment Finance have settled litigation from August of 2023 when the financier sued the media giant for “rampant self-dealing” and breach of the parties’ revenue participation contract.

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Pixar Eyes Staff Reduction Later This Year As Part Of Disney Content Spending Cuts

Pixar Animation Studios is planning to reduce its workforce in the coming months, an insider confirmed to Deadline, as part of overall content spending trims at Disney.

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