The American driver Bob Iger immediately resigns as Disney’s top man. The company announced this on Tuesday. 69-year-old Iger has been the top boss at the media company since 2005.
Under his reign, Lucasfilm, among other things, was acquired, giving Disney the rights to the Star Wars franchise and Indiana Jones. Iger is also the big man behind incorporating the 21st Century Fox entertainment branch, involving tens of billions of dollars. Iger would retire earlier, but decided to stay on longer because of the merger with 21st Century Fox.
According to the departing top man, it is now a suitable time to transfer the leadership. Iger will remain in office until 2021. His successor Bob Chapek, who has been managing the Disney theme parks and the merchandise department in recent years, will be the company’s seventh CEO. He has been working for Disney for years. He previously worked in the advertising world.