Disney: Finding Bob Iger's successor is still a chief priority

Yahoo Finance Video
6 個月前

Get in line and look out for the Walt Disney Co.'s (DIS) fiscal second-quarter earnings, set to report on Tuesday, May 7. TD Cowen Managing Director of TMT — Media & Entertainment Doug Creutz sits down with Yahoo Finance's Market Domination to look over Disney's next objectives after rebuffing activist investor Nelson Peltz in his latest proxy campaign.

"They've been trying to replace [CEO] Bob Iger for ten years and haven't, successfully anyway. Replacing him is very hard. and not just because... he's been, I think, a balanced and very good executive, but one thing he hadn't [done] is developed a really good bench of people who could potentially replace him... people like Tom Staggs, Jay Rasulo got essentially pushed out of the company because they were told they weren't good enough," Creutz elaborates.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Luke Carberry Mogan.