Bob Iger to Step Down as Disney CEO Before End of 2026: Report

Bob Iger May Step Down as Disney CEO Before Contract Expires

Bob Iger, the current CEO of Disney, is reportedly considering stepping down from his role before his contract expires at the end of the year. According to a report by the Wall Street Journal, Iger has informed his associates of his plans to “pull back from daily management” and move on from the CEO position before Dec. 31, 2026.

The decision comes amidst growing frustration over conflicts at ABC, including the suspension of late-night host Jimmy Kimmel for remarks made on air. Iger is said to be ready to move on from the demanding role of CEO and focus on other interests.

The Disney board is expected to announce Iger’s successor in early 2026, with a meeting scheduled to take place at Disney’s Burbank headquarters. The board will vote on the new CEO, with internal candidates undergoing a rigorous preparation process under Iger’s mentorship and external coaching.

Leading candidates to succeed Iger include Josh D’Amaro, chairman of Disney Experiences, and Dana Walden, co-chairman of Disney Entertainment. Both candidates have extensive experience within the company, with D’Amaro heavily favored in online betting markets.

Iger has expressed a desire to spend more time on personal interests, such as sailing his new superyacht and working with his wife on their women’s soccer team. After retiring in 2021 and briefly returning in 2022, Iger’s total compensation in 2025 was $45.8 million, reflecting his significant contributions to Disney’s success.

Despite his potential exit as CEO, Iger is up for reelection to Disney’s board at the upcoming annual shareholders meeting. His unmatched knowledge of the company and its content, as well as his innovative approach to technology and audience engagement, have been key to Disney’s growth.