Disney investors await CEO Bob Iger’s revival plan with results on tap
Walt Disney Co chief executive officer Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since the return of the executive who built the modern incarnation of Disney.
As anxiety sweeps across the rank and file at the entertainment conglomerate, according to employees and company observers, investors said they anticipate Iger will articulate a new vision for the company he built and ran for 15 years.
“It’s Bob Iger presenting for the first time in public. Everybody’s going to be listening,” said Bank of America analyst Jessica Reif Ehrlich. “This is the right place to do it. It’s the right time.”