If the news over the last few months hasn’t made it obvious enough, I’m just going to come out and say it: we should be happy that Bob Iger has decided to stick around as CEO of the Walt Disney Corporation for a few more years.
In the past few weeks, we’ve seen Beauty and the Beast have a record-breaking run in the theaters in the latest installment of an extremely successful series of live-action classic remakes. We’ve also seen the continuation of the Marvel and Star Wars franchises(which Disney has acquired thanks to him, by the way).
As for the parks, right now they are the definition of unfinished projects. True, Walt Disney said that Disneyland and Disney World will never be completed, but still. Walt Disney World is in a flurry of construction starting back with the construction and completion of New Fantasyland, continuing with the opening of Pandora: The World of Avatar and the unveiling of Rivers of Light (finally), leading up to the opening of Star Wars Land, and Toy Story Land. Oh, and there’s the latest news of a new gondola-like transportation system on the way. Not to mention the fact that Disney was actually able to create a massive Disneyland in Shanghai, mainland China.
The point is that, while he may have gotten off to a slow start, the man and the company has built up a ton of momentum! Yes, delegation is important to this Corporation, but it still needs a savvy, charismatic leader. Iger has said he still hasn’t found that protege to take his place, and in order for the corporation to continue the momentum, he needs to find that person to take his place.
But more than that, Bob deserves to finish what he’s started with the parks, keep the stock price climbing (after he saw it reach an all-time high by the way), and have one more shot at fixing ESPN, so that when he finally steps down, the whole corporation will be even stronger as it takes a new CEO and goes on to celebrate Walt Disney World’s 50th Birthday.
While CEOs like Eisner collapsed, losing sight of what Disney truly is, Mr. Iger has yet to do that. Let’s see what this guy can do in his last few years.