What’s next for Disney?

Walt Disney World Castle at NightDisney announced on February 25th 2020 that Bob Iger, its CEO for over 15 years, is ‘passing on the torch’ to Bob Chapek. His legacy will survive him and the company will no-doubt continue to be the success that we know due to a strategic succession plan being implemented, which has been in the pipeline for several years – Iger having identified Chapek as his successor following a thorough interview process.

Iger is staying on in the immediate future as executive chairman to support Chapek and ensure a smooth handover and transition into his new role.

All companies, big and small, should think about their succession planning, how to protect their core assets and ensure the continuation of their own legacy. As Bob Iger said in his interview with CNBC – “What’s next?”

If you are looking at succession planning within your business, we can help, please contact our Business Services team on 01980 660966/ 01604 828282 or email businessservices@franklins-sols.co.uk 

Disclaimer: The information provided on this blog is for general informational purposes only and is accurate as of the date of publication. It should not be construed as legal advice. Laws and regulations may change, and the content may not reflect the most current legal developments. We recommend consulting with a qualified solicitor for specific legal guidance tailored to your situation.