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Iger, Ego & Superego

Notes on the extension heard round the world, the comp question, the deal hypotheses, and whether Iger at Disney is the living exception to the de Gaulle postulation.

Does Bob Iger need to redesign Disney to find the right leader for the company going forward? Photo: Jay L. Clendenin/Getty Images
William D. Cohan
July 16, 2023

Bob Iger’s two-year return trip to the Disney corner office has been extended—surprise, surprise—until the last day of December 2026, just as my Puck partner Matt Belloni and I predicted a few weeks ago. It seemed like Iger enjoys being back in the limelight, and he has not really done anything to position anyone to succeed him, despite the Disney board retaining Heidrick & Struggles and creating a subcommittee of the board of directors to focus on succession (as, of course, it should).