-
Bob Iger, who used to be CEO of Disney, will join a venture capital firm run by Jared Kushner's brother. He will give advice on the company's possible investments and help startup founders.
-
Not even CEOs are safe from the wrath of 2020. From Disney to Ford to Bleacher Report, heads are rolling at the top of America’s most recognizable companies. Whether from resignations, firings or retirements, the blood is flowing as companies from all industries experience a changing of the guard. Here’s who lost their job in …
-
Disney’s top brass weighed in on the the protests over the killing of George Floyd, as well as the devastating toll communities of color have taken in the wake of the coronavirus pandemic. Disney executive chairman Bob Iger, along with CEO Bob Chapek and company senior vice president and chief diversity officer Latondra Newton circulated …
-
Kevin Mayer, the executive who oversaw the launch of Disney’s streaming service, is leaving the Mouse House to become the chief executive officer of popular social media app TikTok. Mayer is joining TikTok at a time of increased scrutiny over the viral video app, which is owned by Chinese conglomerate ByteDance. Popular for its short …
-
You don’t have to “wait for it” — the film version of hit Broadway musical “Hamilton” is airing over a year ahead of schedule. It will stream on Disney+ starting July 3, moved up from its original fall 2021 release date. Disney CEO Bob Iger and “Hamilton” creator Lin-Manuel Miranda appeared on “Good Morning America” …
-
Disney’s earnings dived in the second quarter, including a 58 percent drop in operating incomes tied to its shuttered theme parks and cruise ships, the Mouse House said on Tuesday. The Burbank, Calif. company said that coronavirus pandemic closures, which has also delayed its summer blockbusters, have squeezed its second-quarter earnings to 60 cents a …
-
Bob Iger is back in the driver’s seat at Disney. Less than two months after he resigned as chief executive of the Mouse House, Iger, who currently holds the title of executive chairman, is retaking the helm, according to a new report. The celebrated exec told The New York Times on Sunday that he stepped …
-
Disney execs are angry about having to sign new “temporary” contracts reducing their pay up to 30 percent with no end date — even though company chairman Bob Iger is passing up his entire salary and the CEO is taking a 50 percent cut himself. Vice-presidents at Disney usually earn between $150,000 and $200,000 in …
-
Disney will begin temporarily laying off employees as it comes to grips with the impact of theme park and store closures and delayed movie releases due to the coronavirus pandemic. The Mouse House said Thursday evening that it would furlough employees “whose jobs aren’t necessary at this time” as of April 19. Furloughed staffers “will …
-
Disney’s executive chairman Bob Iger said Monday he will give up his salary amid the coronavirus outbreak, although the sacrifice will make a relatively small dent in his total compensation. One of media’s highest-paid execs, Iger is taking his pay cut just days after Disney said it would shutter Disneyland Resort in Anaheim, Calif., and …