Share

WIKIPEDIA ARTICLE

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Bob Iger
BobIgerHWOFJune2013.jpg
Iger in June 2013
Born
Robert Allen Iger

(1951-02-10) February 10, 1951 (age 67)
Alma materIthaca College
OccupationChairman and Chief Executive Officer, The Walt Disney Company
Years active1974–present
EmployerThe Walt Disney Company
SalaryUS$44.3 million (2017)[1]
TitleChairman & CEO
PredecessorMichael Eisner
SuccessorIncumbent
Political partyIndependent (since 2016)[2]
Democratic (until 2016)
Board member ofThe Walt Disney Company Apple Inc.
Spouse(s)Kathleen Susan (divorced)
Willow Bay (m. 1995)
Children4
Signature
Robert A. Bob Iger signature.svg

Robert Allen Iger (/ˈɡər/; born February 10, 1951) is an American businessman who is chairman and chief executive officer (CEO) of The Walt Disney Company. Before working for Disney, Iger served as the president of ABC Television from 1994–95, and as president/COO of Capital Cities/ABC, Inc. from 1995 until Disney's acquisition of the company in 1996.

He was named president and COO of Disney in 2000, and later succeeded Michael Eisner as CEO in 2005, after a successful effort by Roy E. Disney to shake up the management of the company. As part of his yearly compensation, Iger earned $44.9 million in 2015. During Iger’s tenure, Disney broadened the company's roster of intellectual properties and its presence in international markets; Iger oversaw the acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and a forthcoming takeover of 21st Century Fox for $71.3 billion, as well as the expansion of the company's theme park resorts in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively.

Iger was a driving force behind the reinvigoration of Walt Disney Animation Studios and the branded-release strategy of its film studio's output. Under Iger, Disney has experienced increases in revenue across its various divisions, with the company's market capitalization value increasing from $48.4 billion to $163 billion over a period of eleven years.

Early life[edit]

Iger was born to a Jewish family in New York City.[3][4][5] He was raised in the Long Island town of Oceanside, New York, where he attended the Fulton Avenue School and graduated from Oceanside High School in 1969.[6][7] In 1973, he graduated magna cum laude from the Roy H. Park School of Communications at Ithaca College with a Bachelor of Science degree in Television and Radio.[8]

Iger is the son of Mimi (née Tunick) and Arthur L. Iger (b. 1926).[9][10] His father was a World War II veteran who served as the executive vice president and general manager of the Greenvale Marketing Corporation, and was also a professor of advertising and public relations.[9] His mother worked at Boardman Junior High School in Oceanside.[11][12] Arthur's father Joe (i.e. Robert's paternal grandfather) was cartoonist Jerry Iger's brother.

Career[edit]

Iger began his media career in 1972 as the host of “Campus Probe,” an Ithaca College television show. He dreamed of becoming a news anchor while he worked as a weatherman in Ithaca for five months, before shifting his career goals.[13][14]

American Broadcasting Company (ABC)[edit]

In 1974, Iger joined the American Broadcasting Company (ABC).[15][16] In 1989, he was named head of ABC Entertainment.[17] He served as president of the ABC Network Television Group from January 1993 to 1994, and was appointed as Capital Cities/ABC senior vice president in March 1993 and executive vice president in July 1993.[18] In 1994, Iger was named president and chief operating officer of ABC's corporate parent, Capital Cities/ABC.[19]

The Walt Disney Company[edit]

In 1996, The Walt Disney Company purchased Capital Cities/ABC and renamed it ABC, Inc., where Iger remained president until 1999.[3]

On February 25, 1999, Disney named Iger the president of Walt Disney International, the business unit that oversees Disney's international operations, as well as chairman of the ABC Group, removing him from day-to-day authority at ABC. Disney called the change a promotion for Iger.[20]

Disney named Iger the president and chief operating officer (COO) on January 24, 2000, making him Disney's No. 2 executive under chairman and CEO, Michael Eisner. Disney had been without a separate president since Eisner assumed the role following the departure of Michael Ovitz in 1997, after sixteen months at Disney.[21]

As a result of a successful effort by Roy E. Disney to shake up the management of the company, Disney began a search for the next CEO to replace Eisner. On March 13, 2005, Disney announced that Iger would succeed Michael Eisner as CEO, and Iger was placed in charge of day-to-day operations, though Eisner held the title of CEO until he resigned on September 30, 2005.[22] One of Iger's first major decisions as CEO was to reassign Disney's chief strategic officer, Peter Murphy, and disband the company's Strategic Planning division.[23] Prior to Iger being named CEO, board members Roy E. Disney and Stanley Gold began a campaign called "save Disney" against Eisner.[24] In July 2005, Disney and Gold dropped the campaign and agreed to work with Iger.[25]

On January 24, 2006, under Iger’s leadership, Disney announced it would acquire Pixar for $7.4 billion in an all-stock transaction.[26] In the same year, Iger also re-acquired the rights to Walt Disney's first star, Oswald the Lucky Rabbit, from NBCUniversal by releasing sportscaster Al Michaels from ABC Sports to NBC Sports.[27]

Iger at the World of Color Premiere, Disney California Adventure, June 2010

Also in 2006, Roy E. Disney issued this statement regarding Iger:

Animation has always been the heart and soul of The Walt Disney Company, and it is wonderful to see Bob Iger and the company embraces that heritage by bringing the outstanding animation talent of the Pixar team back into the fold. This clearly solidifies The Walt Disney Company's position as the dominant leader in motion picture animation and we applaud and support Bob Iger's vision.[28]

In August 2009, Iger spearheaded negotiations that led Disney to acquire Marvel Entertainment and its associated assets for $4 billion. As of August 2014, Disney has recouped over $4 billion at the box office through the Marvel movies.[29] On October 7, 2011, Disney announced that Iger would become chairman of the board, following John Pepper's retirement from the board in March 2012.[30] On Tuesday November 15, 2011, Apple, Inc., led by CEO Tim Cook, named Iger to its board of directors. Iger was responsible for making the late Steve Jobs Disney's largest shareholder.[31]

In October 2012, Iger signed a deal with film producer George Lucas to purchase Lucasfilm Ltd. for $4 billion following several months of negotiations. As a result, Disney acquired the rights to the Star Wars multimedia franchise and Indiana Jones.[32] Following its release on December 18, 2015, Star Wars: The Force Awakens grossed over $2 billion at the box office. In March 2016, Iger announced that the $5.5 billion Shanghai Disney Resort would open its doors on June 16, 2016.[33] In May 2016, Iger wrote in a Facebook post claiming that Disney has hired 11,000 new employees in the past decade at Disneyland, and 18,000 in the past decade. Iger specifically targeted Vermont Senator, Bernie Sanders, asking him how much he has contributed to job growth.[34]

Iger's contract as Disney's chairman and CEO was originally planned to run until June 30, 2018,[35][36] however, in March 2017 Disney announced that it was extending Iger's term to July 2, 2019, and said he would serve as a consultant for the following three years.[37][38] During the Walt Disney Company's first quarter earnings call in 2017, Bob Iger stated "If it's in the best interest of the company to expand my tenure, I'm open to that..." [39]

In July 2018, under Iger's leadership, Disney and 21st Century Fox shareholders approved a deal to allow Disney to purchase Fox assets.[40]

Personal life[edit]

Iger has been married twice. His first marriage to Kathleen Susan Iger ended in divorce.[41] They had two children: Kathleen Pamela Iger and Amanda Iger. In 2005, Kathleen Pamela married Jarrod Alan Cushing in a civil ceremony at the Blithewold Mansion, Gardens and Arboretum in Rhode Island.[41]

In 1995, Iger married Willow Bay in an interfaith Jewish and Roman Catholic service in Bridgehampton, New York.[42] They have two children: Robert Maxwell "Max" Iger and William Iger.

Iger co-chaired a fundraiser for Hillary Clinton's presidential campaign on August 22, 2016.[43] Iger was named to President-elect Trump's Strategic and Policy Forum on December 2, 2016.[44] He resigned from Trump's Advisory Council on June 1, 2017 after Trump withdrew the United States from the Paris Climate Agreement.[45]

In 2016, Iger switched his party registration from Democratic to independent (no party affiliation).[2]

Accolades and recognition[edit]

In June 2012, Steven Spielberg, founder of the USC Shoah Foundation Institute for Visual History and Education, presented Iger with the Ambassador for Humanity Award, the Institute's highest honor. Iger was recognized for his support of the Institute’s work, his longtime philanthropy, and his leadership role in corporate citizenship.[46][47] Iger was presented with The Milestone Award from the Producers Guild of America (PGA) in 2014. The award is the PGA’s highest recognition for an individual or team who has made historic contributions to entertainment.[48]

In May 2015, Iger was named to the 25th Annual Broadcasting & Cable Hall of Fame.[13] In October 2015, the Toy Industry Association (TIA) inducted Iger into the Toy Industry Hall of Fame. He was selected by members of TIA in recognition of his contributions to the industry, and the impact his work has had on the lives of children worldwide.[49]

References[edit]

  1. ^ "Disney Executive Compensation".
  2. ^ a b Rutenberg, Jim (October 8, 2017). "For Disney's Iger, an Unlikely Political Turn". New York Times. Retrieved October 9, 2017.
  3. ^ a b Newcomb, Horace, ed. (2004). Encyclopedia of Television. Routledge (Second edition). p. 1168. ISBN 978-1579583941.
  4. ^ "Bob Iger Talks Live Streaming for Disney's Channels". Jewish Business News. February 5, 2015. Archived from the original on August 6, 2016.
  5. ^ Brook, Vincent (December 15, 2016). From Shtetl to Stardom: Jews and Hollywood: Chapter 1: Still an Empire of Their Own: How Jews Remain Atop a Reinvented Hollywood. Purdue University Press. p. 15. ISBN 9781557537638.
  6. ^ Financial Post: "Here’s what 13 successful CEOs looked like in high school" by Alison Griswold December 14, 2013
  7. ^ Whitehouse, Beth (July 23, 2013). "Disney CEO Robert Iger helps his LI elementary school get playground". Newsday. Retrieved April 16, 2015.
  8. ^ "Ithaca College Alumnus Bob Iger Named Marketwatch CEO of the Year". Ithaca College. 2006.
  9. ^ a b "Arthur L. Iger". New York City / Long Island: (Death notice) Newsday. May 25, 2010. Archived from the original on June 10, 2016. Retrieved March 3, 2017.
  10. ^ "Miriam A. Iger". New York City / Long Island: (Death notice) Newsday. March 13, 2013. Archived from the original on September 10, 2016.
  11. ^ "NYT Notices, Willow Bay and Robert Iger". NYT. 2008.
  12. ^ Temple Avodah website: "Famous members - Robert Iger, President & CEO, Disney Corporation" Archived October 31, 2012, at the Wayback Machine. retrieved October 11, 2012
  13. ^ a b "Disney Press Release". May 4, 2015. Retrieved June 20, 2016.
  14. ^ Barnes, Brooks (April 10, 2010). "Is Disney's Chief Having a Cinderella Moment?". The New York Times. Retrieved April 16, 2015.
  15. ^ "Robert Iger biography". referenceforbusiness.com. Retrieved July 26, 2018.
  16. ^ "Looking Beyond the Mouse". The Economist. January 26, 2006.
  17. ^ Carter, Bill (1989-03-24). "ABC Names Its President of Entertainment". The New York Times. ISSN 0362-4331. Retrieved 2017-12-07.
  18. ^ Lowry, Brian (July 27, 1993). "ABC ups Iger, regroups divisions". Variety. Retrieved May 19, 2015.
  19. ^ "C-SPAN Biography of Mr. Robert A. Iger". C-SPAN.org. Retrieved July 8, 2016.
  20. ^ Weinraub, Bernard (January 25, 2000). "Disney Names New President In Reshuffling". The New York Times. Retrieved May 22, 2010.
  21. ^ Goldsmith, Jill (January 24, 2000). "Iger tapped No. 2 as Mouse TV booms". Variety. Retrieved June 7, 2014.
  22. ^ "Disney Chooses Successor to Chief Executive Eisner (washingtonpost.com)". www.washingtonpost.com. Retrieved 2017-08-16.
  23. ^ "Subscribe to read". Financial Times. Retrieved 2018-11-29.
  24. ^ "Disney launches more anti-Eisner sentiment". www.bizjournals.com. Retrieved 2018-11-29.
  25. ^ Gentile, Gary (2005-07-09). "Roy Disney, Company Resolve Their Disputes". ISSN 0190-8286. Retrieved 2018-11-29.
  26. ^ writer, By Paul R. La Monica, CNNMoney.com senior. "Disney buys Pixar - Jan. 25, 2006". money.cnn.com. Retrieved 2017-08-16.
  27. ^ "An excerpt from former ESPN president George Bodenheimer's book". ESPN.com. Retrieved 2018-11-30.
  28. ^ "Disney Forum (TBA) : News". Archived from the original on 24 December 2010.
  29. ^ Weisman, Aly (August 6, 2014). "Bob Iger: The Marvel Brand Is On Fire". Business Insider Australia. Retrieved May 21, 2016.
  30. ^ "The Walt Disney Company Extends Contract to 2016 for Robert A. Iger" (Press release). The Walt Disney Company. Retrieved October 8, 2011.
  31. ^ "Disney Chief Bob Iger Joins Apple Board". The Hollywood Reporter. Retrieved 2018-11-30.
  32. ^ Leonard, Devin (March 8, 2013). "How Disney Bought Lucasfilm—and Its Plans for Star Wars". Bloomberg. Retrieved May 21, 2016.
  33. ^ Miller, David (March 8, 2016). "Disney's Bob Iger discusses Shanghai resort, 'Star Wars' and ESPN at media conference". Los Angeles Times. Retrieved May 21, 2016.
  34. ^ Byers, Dylan (May 25, 2016). "Bob Iger fires back at Bernie Sanders: 'How many jobs have you created?'". CNN. Retrieved June 7, 2018.
  35. ^ Graser, Marc (October 2, 2014). "Bob Iger to Remain Disney Chief through 2018". Variety. Retrieved October 8, 2014.
  36. ^ Fritz, Ben (October 2, 2014). "Disney Extends CEO Bob Iger's Contract Until 2018". The Wall Street Journal. Retrieved October 8, 2014.
  37. ^ "Disney extends CEO Iger's contract by a year to July 2019". Reuters. March 23, 2017. Retrieved March 23, 2017.
  38. ^ Kilday, Gregg. "Disney's Dilemma: Can Bob Iger Ever Find a Successor?". The Hollywood Reporter.
  39. ^ Pallotta, Frank (February 7, 2017). "Disney's Bob Iger 'open' to extending tenure as CEO". CNN Money.
  40. ^ Castillo, Michelle (2018-07-27). "Disney receives shareholder approval to buy Fox assets". CNBC. Retrieved 2018-11-30.
  41. ^ a b New York Times: "Kathleen Iger and Jarrod Cushing" September 25, 2005
  42. ^ "Willow Bay And Robert Iger". The New York Times. October 8, 1995. Retrieved February 13, 2014.
  43. ^ "Hillary Clinton Fundraisers Coming to Beverly Hills". The Beverly Hills Courier. August 3, 2016. Retrieved August 5, 2016.
  44. ^ "Disney's Bob Iger named to Donald Trump's new President's Strategic and Policy Forum".
  45. ^ Stedman, Alex; Johnson, Ted (June 1, 2017). "Disney CEO Bob Iger Resigns From Trump's Advisory Council Over Paris Accord Decision". Variety. Retrieved June 2, 2017.
  46. ^ US Shoah Foundation: "Steven Spielberg and USC Shoah Foundation Institute honor Robert A. Iger, Chairman and CEO of the Walt Disney Company" June 11, 2012
  47. ^ "Disney's Robert A. Iger Accepts the 2012 Ambassador for Humanity Award". USC Shoah Foundation Institute. YouTube.com. June 6, 2012. Retrieved July 20, 2016.
  48. ^ "PGA Honors Bob Iger with the 2014 Milestone Award - Producers Guild of America". www.producersguild.org. Retrieved 2017-04-27.
  49. ^ "Toy Industry Association (TIA) Press Release". October 14, 2015. Retrieved June 8, 2016.

External links[edit]

Media related to Bob Iger at Wikimedia Commons

Business positions
Preceded by
Brandon Stoddard
President of ABC Entertainment
1989–1992
Succeeded by
Ted Harbert
Preceded by
Vacant
(Previously Michael Ovitz)
President of The Walt Disney Company
2000–2012
Succeeded by
Vacant
Preceded by
Michael Eisner
CEO of The Walt Disney Company
2005–
Succeeded by
Incumbent
Preceded by
John E. Pepper, Jr.
Chairman of The Walt Disney Company
2012–
Succeeded by
Incumbent

Disclaimer

None of the audio/visual content is hosted on this site. All media is embedded from other sites such as GoogleVideo, Wikipedia, YouTube etc. Therefore, this site has no control over the copyright issues of the streaming media.

All issues concerning copyright violations should be aimed at the sites hosting the material. This site does not host any of the streaming media and the owner has not uploaded any of the material to the video hosting servers. Anyone can find the same content on Google Video or YouTube by themselves.

The owner of this site cannot know which documentaries are in public domain, which has been uploaded to e.g. YouTube by the owner and which has been uploaded without permission. The copyright owner must contact the source if he wants his material off the Internet completely.

Powered by YouTube
Wikipedia content is licensed under the GFDL and (CC) license