Robert Allen Iger
Iger in June 2013
Robert Allen Iger
February 10, 1951
|Alma mater||Ithaca College|
|Salary||US$65.6 million (2018)|
|Title||Chairman and CEO of The Walt Disney Company|
|Political party|| Democratic (until 2016)|
Independent (since 2016)
|Board member of||The Walt Disney Company|
|Spouse(s)||Kathleen Susan (divorced)|
Willow Bay (m. 1995)
Robert Allen Iger ( // ; born February 10, 1951) is an American media executive and 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.
The chairman is the highest officer of an organized group such as a board, a committee, or a deliberative assembly. The person holding the office is typically elected or appointed by the members of the group, and the chairman presides over meetings of the assembled group and conducts its business in an orderly fashion.
The Walt Disney Company, commonly known as Walt Disney or simply Disney, is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios in Burbank, California. It is the world's largest independent media conglomerate in terms of revenue, ahead of NBCUniversal and WarnerMedia, which are owned by telecommunications giants Comcast and AT&T respectively.
The American Broadcasting Company (ABC) is an American commercial broadcast television network that is a flagship property of Disney–ABC Television Group, a subsidiary of the Disney Media Networks division of The Walt Disney Company. The network is headquartered on Columbus Avenue and West 66th Street in Manhattan, New York City. There are additional major offices and production facilities elsewhere in New York City, as well as in Los Angeles and Burbank, California.
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.
Michael Dammann Eisner is an American businessman. Eisner was the Chairman and Chief Executive Officer (CEO) of The Walt Disney Company from September 1984 to September 2005. Prior to Disney, Eisner was President and CEO of rival film studio Paramount Pictures from 1976 to 1984, and had brief stints at the major television networks: NBC, CBS, and ABC.
Roy Edward Disney, KCSG was a longtime senior executive for The Walt Disney Company, which was founded by his father, Roy Oliver Disney and uncle Walt Disney. At the time of his death he held more than 16 million shares, and served as a consultant for the company, as Director Emeritus for the Board of Directors. He is perhaps best known for organizing the ousting of two top Disney executives: Ron Miller in 1984, and Michael Eisner in 2005.
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. Intellectual property encompasses two types of rights; industrial property rights and copyright. It was not until the 19th century that the term "intellectual property" began to be used, and not until the late 20th century that it became commonplace in the majority of the world.
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.
Walt Disney Animation Studios (WDAS), also referred to as Disney Animation, headquartered at the Walt Disney Studios in Burbank, California, is an American animation studio that creates animated feature films, short films and television specials for The Walt Disney Company. Founded on October 16, 1923, it is a division of Walt Disney Studios. The studio has produced 57 feature films, from Snow White and the Seven Dwarfs (1937) to Ralph Breaks the Internet (2018).
The Walt Disney Studios is an American film studio, one of the four major businesses of The Walt Disney Company and the main component of its Studio Entertainment segment. The studio, best known for its multi-faceted film division including animation, which is one of Hollywood's major film studios, is based at the eponymous Walt Disney Studios in Burbank, California.
Market capitalization is the market value of a publicly traded company's outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding. As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Iger was born to a Jewish family in New York City.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. 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.
American Jews, or Jewish Americans, are Americans who are Jews, whether by religion, ethnicity or nationality. The current Jewish community in the United States consists primarily of Ashkenazi Jews, who descend from diaspora Jewish populations of Central and Eastern Europe and comprise about 90-95% of the American Jewish population. Most American Ashkenazim are US-born, with a dwindling number of now elderly earlier immigrants, as well as some more recent foreign-born immigrants.
The City of New York, often called New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estimated 2017 population of 8,622,698 distributed over a land area of about 302.6 square miles (784 km2), New York City is also the most densely populated major city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, the largest metropolitan area in the world by urban landmass and one of the world's most populous megacities, with an estimated 20,320,876 people in its 2017 Metropolitan Statistical Area and 23,876,155 residents in its Combined Statistical Area. A global power city, New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. The city's fast pace has inspired the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy.
Long Island is a densely populated island off the East Coast of the United States, beginning at New York Harbor approximately 0.35 miles (0.56 km) from Manhattan Island and extending eastward into the Atlantic Ocean. The island comprises four counties in the U.S. state of New York. Kings and Queens Counties and Nassau County share the western third of the island, while Suffolk County occupies the eastern two-thirds. More than half of New York City's residents now live on Long Island, in Brooklyn and Queens. However, many people in the New York metropolitan area colloquially use the term Long Island to refer exclusively to Nassau and Suffolk Counties, which are mainly suburban in character, conversely employing the term the City to mean Manhattan alone.
Iger is the son of Mimi (née Tunick) and Arthur L. Iger (b. 1926).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. His mother worked at Boardman Junior High School in Oceanside. Arthur's father Joe (i.e. Robert's paternal grandfather) was cartoonist Jerry Iger's brother.
World War II, also known as the Second World War, was a global war that lasted from 1939 to 1945. The vast majority of the world's countries—including all the great powers—eventually formed two opposing military alliances: the Allies and the Axis. A state of total war emerged, directly involving more than 100 million people from over 30 countries. The major participants threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. World War II was the deadliest conflict in human history, marked by 50 to 85 million fatalities, most of whom were civilians in the Soviet Union and China. It included massacres, the genocide of the Holocaust, strategic bombing, premeditated death from starvation and disease, and the only use of nuclear weapons in war.
A cartoonist is a visual artist who specializes in drawing cartoons. This work is often created for entertainment, political commentary, or advertising. Cartoonists may work in many formats, such as booklets, comic strips, comic books, editorial cartoons, graphic novels, manuals, gag cartoons, graphic design, illustrations, storyboards, posters, shirts, books, advertisements, greeting cards, magazines, newspapers, and video game packaging.
Samuel Maxwell "Jerry" Iger was an American cartoonist. With business partner Will Eisner, he co-founded Eisner & Iger, a comic book packager that produced comics on demand for new publishers during the late-1930s and 1940s period known to fans and historians as the Golden Age of Comic Books.
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.
In 1974, Iger joined the American Broadcasting Company (ABC).In 1989, he was named head of ABC Entertainment. 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. In 1994, Iger was named president and chief operating officer of ABC's corporate parent, Capital Cities/ABC.
In 1996, The Walt Disney Company purchased Capital Cities/ABC and renamed it ABC, Inc., where Iger remained president until 1999.
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.
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.
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.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. Prior to Iger being named CEO, board members Roy E. Disney and Stanley Gold began a campaign called "save Disney" against Eisner. In July 2005, Disney and Gold dropped the campaign and agreed to work with Iger.
On January 24, 2006, under Iger’s leadership, Disney announced it would acquire Pixar for $7.4 billion in an all-stock transaction.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.
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.
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.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. On Tuesday November 15, 2011, Apple, Inc., led by CEO Tim Cook, named Iger to its board of directors. Iger was responsible for making Steve Jobs Disney's largest shareholder.
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.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. 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.
Iger's contract as Disney's chairman and CEO was originally planned to run until June 30, 2018, ..."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. 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
In October 2017, Iger announced that he would be stepping down as CEO and Chairman of Disney in 2019.
In July 2018, under Iger's leadership, Disney and 21st Century Fox shareholders approved a deal to allow Disney to purchase Fox assets.
Iger has been married twice. His first marriage to Kathleen Susan Iger ended in divorce.They had two children: Kathleen Pamela Iger and Amanda Iger. In 2005, Kathleen Pamela married Jarrod Allen Cushing in a civil ceremony at the Blithewold Mansion, Gardens and Arboretum in Rhode Island.
In 1995, Iger married Willow Bay in an interfaith Jewish and Roman Catholic service in Bridgehampton, New York.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.Iger was named to President-elect Trump's Strategic and Policy Forum on December 2, 2016. He resigned from Trump's Advisory Council on June 1, 2017 after Trump withdrew the United States from the Paris Climate Agreement.
In 2016, Iger switched his party registration from Democratic to independent (no party affiliation).
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.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.
In May 2015, Iger was named to the 25th Annual Broadcasting & Cable Hall of Fame.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.
Pixar Animation Studios, commonly referred to as Pixar, is an American computer animation film studio based in Emeryville, California, that is a subsidiary of Walt Disney Studios, owned by The Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion by converting each share of Pixar stock to 2.3 shares of Disney stock, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.
Walt Disney Pictures is an American film studio and a subsidiary of Walt Disney Studios, owned by The Walt Disney Company. The subsidiary is the main producer of live-action feature films within the Walt Disney Studios unit, and is based at the Walt Disney Studios in Burbank, California. It took on its current name in 1983. Today, in conjunction with the other units of Walt Disney Studios, Walt Disney Pictures is regarded as one of Hollywood's "Big Six" film studios. Films produced by Walt Disney Animation Studios and Pixar Animation Studios are also released under this brand.
Disney's Hollywood Studios is a theme park at the Walt Disney World Resort in Bay Lake, Florida, near Orlando. It is owned and operated by The Walt Disney Company through its Parks, Experiences and Consumer Products division. Based on a concept by Marty Sklar, Randy Bright, and Michael Eisner, the park opened on May 1, 1989, as the Disney-MGM Studios Theme Park, and was the third of four theme parks built at Walt Disney World. Spanning 135 acres (55 ha), the park is dedicated to the imagined worlds from film, television, music, and theatre, drawing inspiration from the Golden Age of Hollywood.
Jeffrey Katzenberg is an American businessman, film studio executive and film producer.
DisneyWar is an exposé of Michael Eisner's 20-year tenure as chairman and CEO at The Walt Disney Company by James B. Stewart. The book chronicles the careers and interactions of executives at Disney, including Card Walker, Ron W. Miller, Roy E. Disney, Frank Wells, Jeffrey Katzenberg, Michael Ovitz, Joe Roth, Robert Iger and Stan Kinsey. The book was released in 2005, and was published by Simon & Schuster. Its uniqueness was attributed to the large amount of access allowed to Stewart in putting the book together.
Circle 7 Animation was a short-lived division of Walt Disney Feature Animation specializing in computer-generated imagery (CGI) animation and was originally intended to create sequels to the Disney-owned Pixar properties, leading rivals and animators to derisively nickname the division "Pixaren't". The studio did not release any films during its existence, and none of its scripts were used by Pixar.
ABC, Inc. doing business as the Disney–ABC Television Group (Disney–ABC), formerly known as Capital Cities/ABC Inc. and ABC Group, is a subsidiary holdings company that manages all of The Walt Disney Company's Disney- and ABC-branded television properties. The group includes the ABC Television Network, as well as its 50% stake in A&E Television Networks and its 80% controlling stake in ESPN, Inc. While holding the controlling stake in ESPN, Disney–ABC and ESPN operate as separate units of Disney Media Networks. Post-Fox acquisition it will be renamed Walt Disney Television chaired by Peter Rice.
Alan Frederick Horn is an American entertainment industry executive. Horn has served as the chairman of Walt Disney Studios since 2012.
Thomas O. Staggs is the former Chief Operating Officer (COO) of The Walt Disney Company.
The Pixar Story, directed by Leslie Iwerks, is a documentary of the history of Pixar Animation Studios. An early version of the film premiered at the Sonoma Film Festival in 2007, and it had a limited theatrical run later that year before it was picked up by the Starz cable network in the United States.
This is a timeline of The Walt Disney Company, listing notable business events for the organization.
Kevin A. Mayer is Chairman of Direct-to-Consumer and International division of The Walt Disney Company. He was previously the senior executive vice president and chief strategy officer of Disney where he managed their acquisitions of Pixar, Marvel Entertainment and Lucasfilm. He also directed the divestitures of Miramax and ABC Radio.
The President's Strategic and Policy Forum was a business forum created by the U.S. President Donald Trump to give the president perspectives from business leaders on how to create jobs and improve growth for the U.S. economy. It consisted of 16 members chaired by Stephen Schwarzman, the co-founder of private equity firm The Blackstone Group, and started holding gatherings in February 2017.
Disney Plus is an upcoming online video streaming subscription service owned and operated by Disney Streaming Services, a subsidiary of Walt Disney Direct-to-Consumer and International.
| President of ABC Entertainment |
(Previously Michael Ovitz)
| President of The Walt Disney Company|
| CEO of The Walt Disney Company|
John E. Pepper, Jr.
| Chairman of The Walt Disney Company |