Los Angeles Times

The 4 Disney executives who could succeed CEO Bob Iger 2 years from now

The entrance to Walt Disney Co.' s corporate headquarters is seen from West Alameda Ave. in Burbank on Wednesday, June 2, 2021, in Los Angeles, California.

LOS ANGLES — Walt Disney Co. Chief Executive Bob Iger has prevailed in the company’s shareholder fight against billionaire dissident Nelson Peltz. But the celebrated executive’s most challenging task still looms: selecting someone to fill his big shoes.

The 73-year-old chief is set to retire in 2026 — assuming he steps down as planned.

For decades, succession planning has been among the Burbank giant’s most vexing issues. During Iger’s first, highly successful 15-year run, he delayed his planned retirement multiple times, and potential successors, including former Chief Operating Officer Tom Staggs, left the company in frustration.

Peltz and others pointed to the bungled hand-off to parks head Bob Chapek as proof that Disney’s board of directors, who oversee the succession process, weren’t up to the job. Chapek’s tumultuous tenure lasted less than three years; Iger returned in late 2022 to replace him.

Peltz’s failed bid to join the board gives Iger and the board some breathing room as they assess candidates to eventually take over the storied company. But shareholders, during the contentious proxy campaign, made it clear that Disney can’t whiff again.

Succession is “the

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