Disney gives CEO Iger an extension 2
Iger, who heads a company with about 175,000 employees and $45 billion in annual revenue, would be a "very difficult" act to follow.
"The good news is that if Disney is choosing someone from within, which is what is expected, they will have had the benefits of working with Iger for some time,"Quadrani said. (JPMorgan analyst) "So I think whoever replaces him could surprise us -- in a positive way."
Disney does not have a chief operating officer (COO). Within the company, the job is seen as a grooming station for the next CEO, a position ususally filled from within.
Iger said his time as chief operating officer was "very, very valuable" because it helped deepen his understanding of the company and craft a strategy that could lead to long-term success.
Clipped from: www.lexisnexis.com/...lnacademic
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