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American businessman and former CEO of The Walt Disney Visitor

Bob Iger

BobIgerHWOFJune2013.jpg

Iger in 2013

Born (1951-02-x) February x, 1951 (historic period 71)

New York City, The states

Educational activity Ithaca College (BS)
Predecessor John E. Pepper Jr.
Successor Susan Arnold
Political party Autonomous (before 2016)
Independent (2016–nowadays)[ane]
Spouse(s)

Kathleen Susan

(divorced)


Willow Bay

(m. 1995)

Children 4
Signature
Robert A. Bob Iger signature.svg

Robert A. Iger (; built-in February 10, 1951)[two] is an American businessman who was Chief Executive Officer of The Walt Disney Company from 2005 to 2020, also as Chairman of the Board and Executive Chairman. He previously worked equally president of ABC Boob tube from 1994 to 1995 and every bit president and COO of Capital Cities/ABC from 1995 until its conquering past Disney in 1996. Iger was named president and COO of Disney in 2000 and succeeded Michael Eisner as CEO in 2005.

During his fifteen-twelvemonth stewardship of the company, Iger broadened Disney's roster of intellectual properties, expanded its presence in international markets, and oversaw an increment of the company'southward market capitalization from $48 billion to $257 billion. He led the acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $iv billion, Lucasfilm in 2012 for $iv.06 billion, and the entertainment assets of 21st Century Fox in 2019 for $71.3 billion. Iger also expanded the company's theme park resorts in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. Additionally, he was also the driving force behind the reinvigoration of Walt Disney Animation Studios, the branded-release strategy of its film studio's output, and the visitor's increased investment on its direct-to-consumer businesses, including Disney+ and Hulu.[3]

On February 25, 2020, Bob Chapek was named his successor as Disney CEO. Iger continued to serve every bit executive and board chairman until he was replaced past Susan Arnold on Dec 31, 2021.[four]

Early life and education [edit]

Robert Iger was born to a Jewish family unit in New York City.[two] [5] [6] He is the oldest son of Mimi (née Tunick) and Arthur L. Iger (b. 1926).[7] [8] His father was a World War II Navy veteran[ix] who served as the executive vice president and full general manager of the Greenvale Marketing Corporation, and was also a professor of advertising and public relations; he also played the trumpet and had manic-depressive disorder.[10] [7] [ix] His mother worked at Boardman Inferior High Schoolhouse in Oceanside, New York.[11] [12] Arthur's father Joe (i.eastward. Bob's paternal grandfather) was cartoonist Jerry Iger's brother.

He was raised in Oceanside, where he attended the Fulton Avenue School and graduated from Oceanside High School in 1969.[13] [14] Iger developed a love of books from a young age.[9] In 1973, he graduated magna cum laude from the Roy H. Park Schoolhouse of Communications at Ithaca College with a Bachelor of Science degree in Idiot box and Radio.[15]

Career [edit]

Iger began his media career in 1972 equally the host of Campus Probe, an Ithaca College television testify. He dreamed of becoming a news anchor while he worked as a weatherman in Ithaca for five months, before shifting his career goals.[xvi] [17]

American Broadcasting Company (ABC) [edit]

In 1974, Iger joined the American Broadcasting Company (ABC).[18] [19] His first job was performing menial labor on television sets for $150 a week (over $700, adjusted for inflation).[9]

In 1988, Iger served equally the senior programme executive for the Calgary Winter Olympics. The event was marred by disruptive weather and delayed events, and to fill up the broadcast schedule Iger's squad focused on human interest stories such as those of the Jamaican bobsled team and Eddie the Hawkeye. The event achieved tape high ratings for ABC, and Iger's performance nether force per unit area caught the attention of ABC executives Daniel Burke and Thomas Irish potato, who subsequently championed Iger throughout his ascent at ABC.[xx]

In 1989, he was named head of ABC Entertainment, green lighting shows such equally Twin Peaks and Cop Rock.[21] [22] He served as president of the ABC Network Tv Group from Jan 1993 to 1994, and was appointed as Capital Cities/ABC senior vice president in March 1993 and executive vice president in July 1993.[23] In 1994, Iger was named president and master operating officeholder of ABC's corporate parent, Capital Cities/ABC.[24]

The Walt Disney Company [edit]

In 1995,[25] the Walt Disney Company purchased Capital Cities/ABC and renamed it ABC, Inc., where Iger remained president until 1999.[2]

On February 25, 1999, Disney named Iger the president of Walt Disney International, the business organisation unit that oversees Disney's international operations, as well every bit chairman of the ABC Group, removing him from solar day-to-day authority at ABC. Disney called the modify a promotion for Iger.[26]

Disney named Iger the president and chief operating officer (COO) on January 24, 2000, making him Disney's No. 2 executive under chairman and CEO, Michael Eisner. Disney had been without a dissever president since Eisner assumed the office following the deviation of Michael Ovitz in 1997, after 16 months at Disney.[27]

As a outcome of a successful effort by Roy East. Disney to shake up the management of the company, Disney began a search for the side by side CEO to supersede Eisner. On March xiii, 2005, Disney announced that Iger would succeed Michael Eisner every bit CEO, and Iger was placed in charge of day-to-day operations, though Eisner held the title of CEO until he resigned on September 30, 2005.[28] I of Iger's first major decisions as CEO was to reassign Disney'due south chief strategic officer, Peter Irish potato, and disband the company'due south Strategic Planning sectionalisation.[29] Prior to Iger being named CEO, board members Roy East. Disney and Stanley Gold began a campaign called "save Disney" against Eisner.[xxx] In July 2005, Disney and Gilt dropped the campaign and agreed to work with Iger.[31]

On January 24, 2006, under Iger's leadership, Disney announced it would acquire Pixar for $7.four billion in an all-stock transaction.[32] In the same year, Iger also re-acquired the rights to Walt Disney's first star, Oswald the Lucky Rabbit, from NBCUniversal by releasing sportscaster Al Michaels from ABC Sports to NBC Sports.[33]

Also in 2006, Roy E. Disney issued this statement regarding Iger:

Blitheness has e'er been the heart and soul of The Walt Disney Company, and it is wonderful to see Bob Iger and the company embrace that heritage by bringing the outstanding blitheness talent of the Pixar team dorsum into the fold. This conspicuously solidifies The Walt Disney Visitor's position as the dominant leader in motility picture animation and we applaud and support Bob Iger'south vision.[34]

In August 2009, Iger spearheaded negotiations that led Disney to acquire Marvel Entertainment and its associated assets for $4 billion. By 2014, Disney had recouped that corporeality at the box part through the Marvel movies.[35] On Oct 7, 2011, Disney appear that Iger would become chairman of the board, following John Pepper's retirement from the board in March 2012.[36] On Nov 15, 2011, Apple, Inc., led past CEO Tim Cook, named Iger to its board of directors. Iger was responsible for making Steve Jobs Disney'south largest shareholder by its acquisition of Pixar.[37]

In October 2012, Iger signed a deal with motion picture producer George Lucas to purchase Lucasfilm for $four billion post-obit several months of negotiations. As a upshot, Disney caused the rights to the Star Wars multimedia franchise and Indiana Jones.[38] Post-obit its release on Dec 18, 2015, Star Wars: The Force Awakens grossed over $2 billion at the box office. In March 2016, Iger announced that the $5.v billion Shanghai Disney Resort would open up its doors on June sixteen, 2016.[39] In May 2016, Iger wrote in a Facebook post claiming that Disney has hired 11,000 new employees in the past decade at Disneyland, and eighteen,000 in the by decade. Iger specifically targeted Vermont Senator, Bernie Sanders, asking him how much he has contributed to job growth.[40]

In November 2017, Multifariousness reported that Iger knew nigh a 2010 Oscar political party where Pixar chief John Lasseter was seen "making out with a junior staffer", seeming to confirm anonymous allegations that Lasseter's inappropriate interactions with immature women had been known to visitor leadership since the 1990s. I anonymous source was quoted as saying, "I know personally that Bob was aware. ... Everybody was aware. They simply didn't do anything about it."[41]

Iger's contract every bit Disney's chairman and CEO was originally planned to run until June xxx, 2018;[42] [43] however, in March 2017, Disney announced that it was extending Iger'south term to July 2, 2019, and said he would serve equally a consultant for the post-obit three years.[44] [45] In December 2017, Disney extended Iger's contract through 2021.[46]

In July 2018, nether Iger'southward leadership, Disney and 21st Century Fox shareholders canonical a bargain to permit Disney to purchase Fox assets.[47] The deal was finalized in March 2019.[48]

In April 2019, information technology was announced that Iger will depart from his position as CEO and chairman of Disney when his contract expires in 2021.[49] [50] Iger resigned from Apple's lath of directors on September 10, 2019, in society to avoid a conflict of involvement equally Disney and Apple tree prepared to launch competing streaming services Disney+ and Apple TV+.[51] [52]

In August 2019, Vanity Off-white reported that actress Paz de la Huerta added Iger to her lawsuit against Harvey Weinstein over allegations of rape, claiming that he and previous CEO Michael Eisner "made a series of decisions that allowed a range of actions by Harvey Weinstein that unacceptably harmed sure employees".[53] Disney denied whatsoever knowledge of misconduct or settlements with victims during Weinstein's run at Miramax from 1993 to 2005.[41]

In September 2019, Iger released a memoir titled The Ride of a Lifetime [54] which, in part, focuses on Iger's years-long efforts to open Shanghai Disneyland Park; overall, he traveled to China twoscore times over 18 years for the project.[9]

In 2020, Iger announced his intention to retire. On February 25 that yr, the lath of directors named Bob Chapek – then-chairman of Disney Parks, Experiences and Products – the new primary executive, while appointing Iger executive chairman (an advertising hoc post) to oversee the transition.[55] [56] In Apr however, the board unexpectedly extended Iger's mandate until the cease of 2021, so he could guide Chapek and the company's senior management through the early COVID-nineteen pandemic.[57] [58] On Dec 31, 2021, Iger stepped down completely and was succeeded by Susan Arnold as chair of the lath.[59]

In Oct 2020, he became a director of massively-funded dairy-replacement startup Perfect Day.[sixty]

Personal life [edit]

Iger has been married twice. His first marriage to Kathleen Susan Iger ended in divorce.[61] They accept ii daughters. In 1995, Iger married journalist Willow Bay in an interfaith Jewish and Roman Catholic service in Bridgehampton, New York.[62] They have 2 children: Robert Maxwell "Max" Iger (born 1998) and William Iger (born 2002).

Iger has been noted for his kindness by David Geffen, who said: "I have never heard one person say a bad thing about him and I have never seen him be mean".[nine]

In January 2021, he donated $v meg to aid small businesses struggling because of the coronavirus pandemic.[63]

According to Forbes, Iger's estimated internet worth was about $690 million as of 2019.[64]

Politics [edit]

Iger has described himself as a political centrist, while he has publicly identified with the Democratic Party.[65] Iger co-chaired a fundraiser for Hillary Clinton'due south presidential campaign on Baronial 22, 2016.[66] He was named to President-elect Trump's Strategic and Policy Forum on December 2, 2016.[67] He resigned from the Forum on June 1, 2017 out of protest afterward President Trump withdrew the U.s. from the Paris Climate Agreement.[68]

In 2016, Iger switched his party registration from Democratic to independent (no party affiliation).[1]

Iger seriously considered running for president every bit a Democrat in the 2020 election, withal ultimately decided against running. In a 2022 interview, Iger described his decision not to run equally influenced by a combination of factors, including his family unit'southward resistance to the idea, his belief that a moderate man of affairs would be an unpopular candidate inside the party and the fact that Disney was acquiring 20th Century Fox around the same fourth dimension.[69]

Accolades and recognition [edit]

In June 2012, Steven Spielberg, noted director and founder of the USC Shoah Foundation Institute for Visual History and Education, presented Iger with the Administrator for Humanity Accolade. Iger was recognized for his back up of the plant'due south work, his longtime philanthropy, and his leadership function in corporate citizenship.[70] [71] Iger was presented with The Milestone Award from the Producers Gild of America (PGA) in 2014. The accolade is the PGA'south highest recognition for an individual or team who has fabricated contributions to entertainment.[72]

In May 2015, Iger was named to the 25th Annual Broadcasting & Cable Hall of Fame.[16] In October 2015, the Toy Industry Association (TIA) inducted Iger into the Toy Manufacture Hall of Fame. He was selected by members of TIA in recognition of his contributions to the industry, and the impact his piece of work has had on the lives of children worldwide.[73]

In December 2019, Iger was named past Fourth dimension as their Businessperson of the Year.[74] [75] In 2020, he was inducted into the Television Hall of Fame.[76]

Bibliography [edit]

  • Iger, Robert (September 23, 2019). The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company. Penguin Random Firm. ISBN9780399592096. OCLC 1111242203.

References [edit]

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  2. ^ a b c Newcomb, Horace, ed. (2004). Encyclopedia of Goggle box (2nd ed.). Routledge. p. 1168. ISBN978-1579583941.
  3. ^ Eller, Claudia (December 21, 2021). "Bob Iger Makes His Disney Exit as a Titan of Transformation". Variety . Retrieved Dec 26, 2021.
  4. ^ Whitten, Sarah (April 12, 2019). "Disney CEO Bob Iger says he will step down in 2021, a succession program is forming". CNBC . Retrieved January 17, 2021.
  5. ^ "Bob Iger Talks Live Streaming for Disney's Channels". Jewish Business organisation News. February 5, 2015. Archived from the original on August 6, 2016.
  6. ^ Brook, Vincent (Dec fifteen, 2016). From Shtetl to Stardom: Jews and Hollywood: Chapter 1: Notwithstanding an Empire of Their Own: How Jews Remain Atop a Reinvented Hollywood. Purdue University Press. p. fifteen. ISBN9781557537638.
  7. ^ a b "Arthur L. Iger". New York Urban center / Long Isle: (Death notice) Newsday. May 25, 2010. Archived from the original on June 10, 2016. Retrieved March 3, 2017.
  8. ^ "Miriam A. Iger". New York City / Long Island: (Death notice) Newsday. March xiii, 2013. Archived from the original on September ten, 2016.
  9. ^ a b c d due east f Dowd, Maureen (September 22, 2019). "The Slow-Burning Success of Disney'south Bob Iger". The New York Times . Retrieved September 22, 2019.
  10. ^ Robert Iger, interviewed by Christiane Amanpour on PBS'due south Amanpour & Co., September thirty, 2019, re-aired Nov 30, 2019.
  11. ^ "NYT Notices, Willow Bay and Robert Iger". NYT. 2008.
  12. ^ Temple Avodah website: "Famous members - Robert Iger, President & CEO, Disney Corporation" Archived October 31, 2012, at the Wayback Motorcar retrieved October 11, 2012
  13. ^ "Here'south what thirteen successful CEOs looked like in high school | Financial Mail service". Business Insider. December 14, 2013.
  14. ^ Whitehouse, Beth (July 23, 2013). "Disney CEO Robert Iger helps his LI elementary school get playground". Newsday . Retrieved April sixteen, 2015.
  15. ^ "Ithaca College Alumnus Bob Iger Named Marketwatch CEO of the Year". Ithaca College. 2006.
  16. ^ a b "Disney Press Release". May 4, 2015. Retrieved June xx, 2016.
  17. ^ Barnes, Brooks (April ten, 2010). "Is Disney'due south Chief Having a Cinderella Moment?". The New York Times . Retrieved Apr sixteen, 2015.
  18. ^ "Robert Iger biography". referenceforbusiness.com . Retrieved July 26, 2018.
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  21. ^ Iger, Robert (2019). The Ride of a Lifetime. New York: Random House. pp. xl–43. ISBN9780399592096.
  22. ^ Carter, Bill (March 24, 1989). "ABC Names Its President of Amusement". The New York Times. ISSN 0362-4331. Retrieved December 7, 2017.
  23. ^ Lowry, Brian (July 27, 1993). "ABC ups Iger, regroups divisions". Variety . Retrieved May 19, 2015.
  24. ^ "C-Span Biography of Mr. Robert A. Iger". C-Bridge.org. Retrieved July 8, 2016.
  25. ^ Gara, Antoine. "Disney's 1995 Deal For ABC Made Buffett Billions By Marrying Mickey Mouse With SportsCenter". Forbes . Retrieved Nov 9, 2020.
  26. ^ Weinraub, Bernard (January 25, 2000). "Disney Names New President In Reshuffling". The New York Times . Retrieved May 22, 2010.
  27. ^ Goldsmith, Jill (January 24, 2000). "Iger tapped No. 2 as Mouse Telly booms". Variety . Retrieved June 7, 2014.
  28. ^ Ahrens, Frank. "Disney Chooses Successor to Chief Executive Eisner". Washington Mail service . Retrieved August 16, 2017.
  29. ^ Burt, Tim (March 27, 2005). "Disney demotes principal strategic officer". Financial Times.
  30. ^ "Disney launches more anti-Eisner sentiment". world wide web.bizjournals.com . Retrieved November 29, 2018.
  31. ^ Gentile, Gary (July ix, 2005). "Roy Disney, Company Resolve Their Disputes". The Washington Mail service. ISSN 0190-8286. Retrieved November 29, 2018.
  32. ^ La Monica, Paul R. (Jan 25, 2006). "Disney buys Pixar". coin.cnn.com . Retrieved August 16, 2017.
  33. ^ "An excerpt from onetime ESPN president George Bodenheimer's book". ESPN.com . Retrieved Nov 30, 2018.
  34. ^ "Disney Forum (TBA) : News". Archived from the original on December 24, 2010.
  35. ^ Weisman, Aly (August 6, 2014). "Bob Iger: The Marvel Brand Is On Fire". Business Insider Australia . Retrieved May 21, 2016.
  36. ^ "The Walt Disney Company Extends Contract to 2016 for Robert A. Iger" (Printing release). The Walt Disney Company. Retrieved October 8, 2011.
  37. ^ "Disney Chief Bob Iger Joins Apple Lath". The Hollywood Reporter . Retrieved November thirty, 2018.
  38. ^ Leonard, Devin (March viii, 2013). "How Disney Bought Lucasfilm—and Its Plans for Star Wars". Bloomberg. Retrieved May 21, 2016.
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  40. ^ Byers, Dylan (May 25, 2016). "Bob Iger fires back at Bernie Sanders: 'How many jobs have yous created?'". CNN . Retrieved June vii, 2018.
  41. ^ a b Cistron, Maddaus; Lopez, Ricardo (November 28, 2017). "Disney Faces Daunting Questions in Wake of John Lasseter, Harvey Weinstein Scandals". Diverseness . Retrieved May 25, 2021.
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  53. ^ Bradley, Laura (August 28, 2019). "Disney, Bob Iger Added to Paz de la Huerta's Harvey Weinstein Lawsuit". Vanity Fair . Retrieved May 25, 2021.
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  55. ^ Mucha, Zeina; Singer, Lowell (Feb 25, 2020). "Bob Chapek Named Chief Executive Officeholder of The Walt Disney Visitor". The Walt Disney Company.
  56. ^ Goldsmith, Jill; Hipes, Patrick (February 25, 2020). "Disney Names Bob Chapek CEO Every bit Bob Iger's Successor; Iger Becomes Executive Chairman Through 2021". Borderline.com. Retrieved February 25, 2020.
  57. ^ Smith, Ben (April xiii, 2020). "Bob Iger Idea He Was Leaving on Top. At present, He's Fighting for Disney's Life". The New York Times . Retrieved April thirteen, 2020.
  58. ^ "Bob Chapek Named Master Executive Officer of The Walt Disney Company - The Walt Disney Visitor". The Walt Disney Company . Retrieved January eighteen, 2022.
  59. ^ Chan, J. Clara. "Disney Names Susan Arnold to Succeed Bob Iger as Chair of Board". The Hollywood Reporter . Retrieved Jan 18, 2022.
  60. ^ Shieber, Jonathan (October 21, 2020). "Bob Iger goes from managing Mickey to directing a milk replacement startup as new Perfect Day board member". TechCrunch.
  61. ^ "Kathleen Iger and Jarrod Cushing". The New York Times. September 25, 2005.
  62. ^ "Willow Bay And Robert Iger". The New York Times. October 8, 1995. Retrieved Feb 13, 2014.
  63. ^ Stimson, Brie (Jan xiv, 2021). "Disney's Bob Iger, wife Willow Bay donate $5M to Los Angeles small businesses struggling in pandemic". Fox Business organization . Retrieved January xv, 2021.
  64. ^ Berg, Madeleine (May ii, 2019). "Bob Iger Rebuilt The Magic Kingdom—And It's Likely Made Him Richer Than A Disney Heir". Forbes . Retrieved September 2, 2021.
  65. ^ "Disney's Former C.Eastward.O. Gave Me the Exit Interview I Asked For". The New York Times. January 27, 2022.
  66. ^ "Hillary Clinton Fundraisers Coming to Beverly Hills". The Beverly Hills Courier. August 3, 2016. Retrieved August 5, 2016.
  67. ^ "Disney'southward Bob Iger named to Donald Trump'south new President'due south Strategic and Policy Forum". Los Angeles Times. December two, 2016.
  68. ^ Stedman, Alex; Johnson, Ted (June 1, 2017). "Disney CEO Bob Iger Resigns From Trump'south Informational Quango Over Paris Accord Determination". Diverseness . Retrieved June 2, 2017.
  69. ^ Swisher, Kara (January 27, 2022). "Disney'southward Old C.E.O. Gave Me the Go out Interview I Asked for". The New York Times . Retrieved February 19, 2022.
  70. ^ "Steven Spielberg and USC Shoah Foundation Institute honor Robert A. Iger, Chairman and CEO of the Walt Disney Company". USC Shoah Foundation. June 25, 2013.
  71. ^ "Disney'southward Robert A. Iger Accepts the 2012 Administrator for Humanity Accolade". USC Shoah Foundation Constitute. YouTube.com. June six, 2012. Archived from the original on Dec 12, 2021. Retrieved July 20, 2016.
  72. ^ "PGA Honors Bob Iger with the 2014 Milestone Honour - Producers Guild of America". www.producersguild.org . Retrieved Apr 27, 2017.
  73. ^ "Toy Industry Clan (TIA) Press Release". October 14, 2015. Retrieved June 8, 2016.
  74. ^ Buscombe, Belinda (December 11, 2019). "Bob Iger Is Time 's 2019 Businessperson of the Year". Time . Retrieved December eleven, 2019.
  75. ^ "Just Announced: Bob Iger Is Time 's 2019 Businessperson of the Yr". December 11, 2019.
  76. ^ Hipes, Patrick (December 3, 2019). "Goggle box Academy Hall Of Fame Adding Bob Iger, Geraldine Laybourne, Seth MacFarlane, Jay Sandrich & Cicely Tyson". Borderline Hollywood. Archived from the original on January 22, 2015. Retrieved December 3, 2019.

External links [edit]

  • Corporate biography
  • Bob Iger at IMDb
  • Media related to Bob Iger at Wikimedia Commons
Business positions
Preceded by

Brandon Stoddard

President of ABC Entertainment
1989–1992
Succeeded by

Ted Harbert

Preceded past

Vacant
(Previously Michael Ovitz)

President of the Walt Disney Visitor
2000–2012
Succeeded by

Vacant

Preceded by

Michael Eisner

CEO of the Walt Disney Visitor
2005–2020
Succeeded by

Bob Chapek

Preceded by

John Due east. Pepper Jr.

Chairman of the Walt Disney Company
2012–2021
Succeeded by

Susan Arnold

New title Executive chairman of the Walt Disney Company
2020–2021
Vacant

caldwellambee1962.blogspot.com

Source: https://en.wikipedia.org/wiki/Bob_Iger

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