What is the condition of Bob Iger health in 2023? The CEO is rumored to stay in his post for only two years. Let us reveal the truth behind leaving his post.
Bob Iger, real name Robert Allen Iger, is an American media business executive who serves as the CEO of Walt Disney Company.
He served as president and chief operating officer (COO) of Capital Cities/ABC from 1995 until its acquisition by Disney in 1996.
Before his contract expiring in 2020, Iger served as Disney’s president from 2000 to 2005, when he succeeded Michael Eisner as CEO.
After that, he held the position of executive chairman until he departed from the company on December 31, 2021.
Furthermore, Disney fans are worried about Bob Iger’s health after knowing he is not feeling well.
Also Read: Nikolai Leon Age And Wikipedia: How Old Is Alien Invasion Cast?
Bob Iger Health Condition: What Happened To Disney CEO In 2023?
Rumors circulated about Disney’s CEO’s health condition worsening over the Internet. Therefore, fans are worried about him and want to know about Bob Iger’s health status.
There has been no information about him getting sick or developing a chronic condition.
However, the faster-spreading stories caused his friends and well-wishers to be exceedingly sad upon learning of his condition.
It was initially believed that Bob Iger’s decision to resign as CEO of Disney was due to a severe illness from which he suffered. This fueled the speculation about his health condition.
Moreover, Iger resigned from his position because his contract had expired, not due to any illness or long-term condition.
According to Vimbuzz, Bob Iger has a manic-depressive illness. However, with the lack of any supportive evidence, this news cannot be confirmed.
Hence, looking through his recent posts and pictures, he seems fine. Furthermore, there has not been mentioned anywhere about him being sick.
Bob Iger Controversy And Scandal
On November 20, 2022, Iger rejoined as CEO of Disney at the board of directors’ request after Bob Chapek, his chosen replacement, was abruptly fired.
Hence, there raised controversies about him being appointed suddenly and about Bob Chapek’s immediate dismissal from his post of CEO.
Walt Disney Company experienced a sizeable financial loss during Bob Chapek’s tenure as CEO. Also, the corporation loses a lot of consumers as a result of the price rise.
Therefore, Chapek resigned after the business reported last quarter’s earnings below expectations.
As a result, the board of directors consequently asked Bob Iger to take over as CEO again because he was the one who managed the business so effectively. Also, during his time, there were never any complaints filed.
Bob’s value was discovered when the company’s stakes were reduced to 40%, and a significant portion of its consumers were lost.
Only Bob understood what the customers wanted. Therefore, he has a large fan base.
Moreover, immediately after his joining, the company’s stakes jumped to 8 percent. Hence, he proved his worth to the company again.
Michael Eisner, the previous CEO of the business, and Harvey Weinstein were accused of rape and workplace harassment.
Still, Disney refused these claims and took no action to ensure the safety of its workers.
Iger slammed the WGA and SAG-AFTRA strikes as “unrealistic” in a July 2023 interview on CNBC.
In his further statement, he said that the unions “are adding to the set of challenges that this business is already facing that are very disruptive. For this statement, he was highly criticized.
Bob received $27 million yearly compensation when rejoining Disney. However, his baseless statement about labor issues angers his followers.
You may also like: Sabine Wren Parents: Mother Ursa Wren And Father Alrich Wren
