Disney CEO and Chair Bob Iger Extends Contract through June 2018

Tom Staggs between Imagineer Joe Rohde and Director James Cameron
Tom Staggs between Imagineer Joe Rohde and Director James Cameron

Speculation about who will replace Bob Iger might just have to wait. The Disney CEO and Chair has extended his contract through June 30, 2018. It had been thought that either Jay Rasulo (current CFO and former Disney Parks Chair) or Tom Staggs (current Disney Parks Chairand former CFO) were going to step into the CEO role in 2016 while Iger moved soley to the board position. Now that’s up in the air.

The current thought pattern is that Disney will appoint a COO moving either Staggs or Rasulo (or a dark horse candidate like Anne Sweeney (currently co-chair of Disney-ABC TV Group)) into the newly created desk. The COO would then get first hand experience running a giant corporation like The Walt Disney Company has become. If they do this, it tells me they definitely want to keep the promotion in house.

“I’ve had the privilege of being the CEO of this great company for nine years and am thrilled to have the opportunity to continue through June 2018,” Iger said. “I’m very excited about what lies ahead, including the release of our Star Wars films and the launch of Shanghai Disneyland, and I’m honored to continue working with our talented management team and the 175,000 dedicated people who make this company what it is today.”

How to: Follow Disney Executives on Newsle

As a big Disney fan, and someone who studied business in college, I love reading about the inner workings of The Walt Disney Company. (When Tom Staggs and Jay Rasulo flipped roles, that was a big deal in my world.) Before, I’d sift through various blogs in order to find the stories I wanted. But now, a San Francisco-based startup delivers the news about the people behind the Disney brand in a way that puts Google Alerts to shame.

Newsle filters through the “social noise” to bring you the news you care about. It finds articles about yourself, your Facebook friends and LinkedIn connections, as well as any public figures you decide to follow. What’s really cool about it is that it can tell if it’s your friend “John Smith,” or some other “John Smith” that you don’t know. (For a more detailed description of the service and how it works, check out this write up for Huffington Post Tech.)

So if you want to follow along as well, sign up for Newsle, follow @Newsle on Twitter, and click the pictures below (the jump) to follow a few Disney executives.