How Rich Is Bob Iger? Net Worth, Career, Salary

The Walt Disney Company has announced that Bob Iger will return as CEO, succeeding Bob Chapek. Disney’s board of directors made the announcement on November 20, 2022, and board chair Susan Arnold said:

“We appreciate Bob Chapek for his many years of service to Disney, including leading the business through the unique hardships of the outbreak.” The Board of Directors has determined that Bob Iger is best positioned to lead the company through this critical time as Disney embarks on an increasingly challenging period of industry volatility.”

Before leaving, Chapek signed a new contract in June 2022. In an email to staff, Iger said he would return with gratitude and humility. The board also announced that Iger’s new term will be temporary and that he has agreed to serve as chief executive officer for two years with the board’s mandate to determine the strategic direction for redevelopment. and work with them to create a successor to lead the company after his term ends. In a statement, Iger also addressed his return, saying:

“I am very excited about the future of this outstanding company and I am delighted that the Board of Directors has invited me back to the position of CEO.” Disney and its distinctive brands and franchises hold a special place in the hearts of so many people around the world, especially in the hearts of our employees, who are dedicated to for this organization and its cause is an inspiration.”

Statement reads:

“I’m incredibly excited to be called back to lead this extraordinary team, whose clear focus is on creative excellence to inspire generations through bold storytelling, peerless.”

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YouTube video

In a message, Bob Iger said he would return to work on Monday, November 21, 2022 and noted that while the company faced many challenges, during his time at Disney, he learned that the company’s employees and cast achieved the impossible even under the most difficult circumstances. face uncertainties.

Bob Iger Net Worth

Bob Iger is best known as the CEO of The Walt Disney Company, but he was also the president of ABC Television from 1994 to 1995. In 2000, he was appointed president of Disney and in In 2005, he replaced Michael Eisner as CEO. In 1989, Iger was appointed president of ABC Entertainment, and in 1993 he was appointed president of ABC Network Television Corporation and vice president of Capital Cities/ABC. In 1994, he was appointed Chief Executive Officer of Capital Cities/ABC. Despite the Walt Disney Company’s purchase of Capital Cities/ABC in 1996, Iger remained the company’s COO and eventually became its president.

CelebrityNetWorth estimates the 71-year-old’s net worth at around $350 million. Although his tenure as CEO of The Walt Disney Company has provided significant revenue for the company, it has also contributed to his overall earnings. Bob Iger announced the acquisition of Pixar in 2006, and the deal is worth about $7.4 billion. Bob subsequently purchased Marvel Entertainment for $4 billion in 2009 and was appointed chairman of the board of directors of Apple, Inc. 2011

In 2012, Iger purchased LucasFilm for $4 billion, giving The Walt Disney Company the rights to the Indiana Jones and Star Wars properties. The purchase was expensive, but the corporation earned a return on investment within a few years. Disney raked in $4 billion from its 2014 purchase of Marvel, and The Force Awakens made $2 billion in 2015.

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In 2018, Disney completed the purchase of 21st Century Fox with Iger’s backing and his tenure as CEO was extended. In 2017, Disney renewed his contract again, but Bob Iger stepped down in 2020. Bob Iger’s $1.8 million worth of Disney stock has a market value of $130 million, and His total compensation ranged between $40 and $50 million until his departure.

Bob Iger

Bob Iger’s annual remuneration was $44.9 million in 2015 and according to Forbes, he earned $3 million in 2019 combined with a $21.8 million bonus. He received $19.6 million in prizes and options, bringing his total earnings to $47.5 million. In January 2021, Iger contributed $5 million to help small businesses struggling to survive the Covid-19 outbreak.

Categories: Entertaintment
Source: vcmp.edu.vn

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