Robert Allen "Bob" Iger (born February 10, 1951) is an American businessman and the current chairman and chief executive officer of The Walt Disney Company. He was named president of Disney in 2000, and later succeeded Michael Eisner as chief executive in 2005, after a successful effort by Roy E. Disney to shake-up the management of the company. Iger oversaw the acquisition of Pixar Animation Studios in 2006, following a period of strained relations with the animation studio. He also led the company to acquire Marvel Entertainment in 2009 and Lucasfilm in 2012, further broadening Disney's intellectual property franchises.
Early life
Iger was born to a Jewish His father Arthur was a Oceanside, New York. He then began his career as a weatherman for a local television station. He joined the American Broadcasting Company in 1974 and gradually rose through its ranks. Iger was instrumental in convincing ABC to pick up David Lynch's offbeat but influential Twin Peaks. He served as president of the ABC Network Television Group from 1993–94, and then was named president and chief operating officer of ABC's corporate parent, Capital Cities/ABC. In 1996, The Walt Disney Company bought Capital Cities/ABC and renamed it ABC, Inc., where Iger remained president until 1999.
The Walt Disney Company
On February 25, 1999, Disney named Iger president of Walt Disney International, the business unit that oversees Disney's international operations, as well as chairman of the ABC Group. Disney called the change a promotion for Iger. But the company's insistence was initially viewed with skepticism, as some thought Iger was merely being removed from day-to-day authority at ABC since ABC had been struggling.
Disney named Iger its president and chief operating officer on January 24, 2000, making him the company's number two executive under Chairman and CEO Michael Eisner. The company had been without a separate president since Eisner assumed the role following the departure of Michael Ovitz in 1997, after sixteen months at Disney.
What is Robert A. Iger's net worth?
The estimated net worth of Robert A. Iger is at least $55.00 million as of June 1st, 2021. Mr. Iger owns 569,131 shares of Walt Disney stock worth more than $55,000,820 as of March 22nd. This net worth estimate does not reflect any other investments that Mr. Iger may own. Learn More about Robert A. Iger's net worth.
How do I contact Robert A. Iger?
Has Robert A. Iger been buying or selling shares of Walt Disney?
Robert A. Iger has not been actively trading shares of Walt Disney during the last ninety days. Most recently, Robert A. Iger sold 550,570 shares of the business's stock in a transaction on Tuesday, June 1st. The shares were sold at an average price of $179.21, for a transaction totalling $98,667,649.70. Following the completion of the sale, the chairman now directly owns 569,131 shares of the company's stock, valued at $101,993,966.51. Learn More on Robert A. Iger's trading history.
Who are Walt Disney's active insiders?
Walt Disney's insider roster includes Susan Arnold (Director), Alan Braverman (EVP), Robert Chapek (CEO), Horacio Gutierrez (Sr. EVP), Robert Iger (Chairman), Christine McCarthy (Sr. EVP & CFO ), Christine McCarthy (CFO), Zenia Mucha (EVP), Mary Parker (EVP), Paul Richardson (Sr. EVP & Chief HR Officer ), and Brent Woodford (EVP). Learn More on Walt Disney's active insiders.
Are insiders buying or selling shares of Walt Disney?
In the last year, insiders at the entertainment giant sold shares 5 times. They sold a total of 65,921 shares worth more than $6,566,221.63. The most recent insider tranaction occured on February, 21st when EVP Brent Woodford sold 1,139 shares worth more than $117,818.16. Insiders at Walt Disney own 0.1% of the company.
Learn More about insider trades at Walt Disney. Information on this page was last updated on 2/21/2023.