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In his 15 years as Disney CEO, Iger oversaw a number of major acquisitions for the company, including Pixar, Marvel, Lucasfilm and 21st Century Fox.
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Iger's exit marks the end of an era for Disney. "Susan is the perfect choice for Chairman of the Board, and I am confident the Company is well-positioned for continued success under her guidance and leadership," Iger said in a statement. She's the first woman in Disney's history to serve as board chair. She's also held executive positions at The Carlyle Group and Procter & Gamble. N9nNgYx2KyĪrnold has been the independent lead director of Disney since 2018. Arnold, a 14-year member of the board of directors, will replace Bob Iger when he leaves the company at the end of the year. Susan Arnold has been elected the new chairman of the board of The Walt Disney Company, effective Dec. "As I step into this new role as chairman of the board, I look forward to continuing to serve the long-term interests of Disney's shareholders and working closely with CEO Bob Chapek as he builds upon the Company's century-long legacy of creative excellence and innovation," Arnold said in a statement. Iger, who has been chairman of the board since 2012, stepped down as Disney CEO in early 2020, handing over the reins to former Disney Parks chairman Bob Chapek. Arnold, a 14-year member of the board, will take over the role on Dec. Iger is set to leave the company at the end of the year.
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