Why Disney’s CEO Bob Iger Pushed Back Retirement

Bob Iger, the chief executive of Disney (DIS), has had several retirement dates scheduled—but none have come to pass so far. In March 2017, Disney, which is preparing to acquire significant parts of Twenty-First Century Fox (FOX)(FOXA), extended Iger’s retirement date by a year—the third time Iger’s reign at Disney was extended. The March extension meant that Iger would retire in July 2019, the year Disney is expected to stop serving its content on Netflix’s (NFLX) platform and instead launch its own online streaming video service to compete with Netflix and Amazon (AMZN).