Congratulations are in order for Bob Iger! The CEO of The Walt Disney Company was named as the 2014 CEO of the Year by Chief Executive Magazine. In a press release (via Market Watch), the magazine's Editor in Chief, JP Donlon, said:
- "Even iconic brands need fixing from time to time. But instead of the easy fixes, Bob Iger played the long game by addressing Disney's cultural issues head-on with a three-pronged strategy, making it a stronger, more profitable company with greater depth in its overall brand. For this reason, he is well-deserving of this year's CEO of the Year honor."
Iger has been a successful CEO, generating massive profits for the company, though some of those gains have been controversial, with many Disney employees having been laid off during Iger's tenure. Perhaps one of his most lasting legacies will be the acquisitions of Pixar, Marvel, and, most recently, Lucasfilm.
Prior to the acquisition, Iger actively courted George Lucas about selling Lucasfilm to Disney, a deal that was eventually inked in October 2012—and has led to the production of Star Wars Episode VII, at least five other films by 2020, and Star Wars Rebels, amongst many other Star Wars products.
He is expected to step down as CEO mid-way through 2016.
Congratulations, Mr. Iger!