The stepping down of Disney boss Bob Iger as the company’s CEO is currently the fastest spreading news in the movie world.
After Iger’s resignation, a lot of gestures have been displayed because little did people know that he will leave the office.
But there are some things and feats that Iger will be remembered for-and this has to do with his history while a chief executive and his feats while in office.
Going memeory lane, since becoming chief executive in 2005, Iger led the company through several blockbuster acquisitions and the launch of the Disney+ streaming service.
Viewed by many to be the most powerful man in Hollywood, Iger had previously announced plans to retire only to push back his departure date.
Iger will remain Disney’s executive chairman until the end of 2021.
According to a statement from the company, Iger would direct its “creative endeavours” while ensuring “a smooth and successful transition”.
As for the man who took over as the company’s new CEO, Bob Chapek joined Disney in 1993 and previously ran the company’s parks and products division, has been appointed
During Iger’s tenure as CEO, Disney took over animation studio Pixar, comic book company Marvel, Star Wars originator LucasFilm and Rupert Murdoch’s 21st Century Fox.
These acquisitions, combined with the launch of Disney+, amusement park openings and other factors, saw the company’s market value increase five-fold.
Of the 20 highest-grossing films of the 2010s, 13 were Disney releases. Three of these titles made more than $2 billion (£1.54 billion) worldwide.
The most lucrative of the three, superhero blockbuster Avengers: Endgame, overtook 2009’s Avatar in July 2019 to become the highest-grossing film of all time.