Disney shares are trading higher after the company extended Bob Iger's contract as CEO through 2026.
Portfolio Pulse from Benzinga Newsdesk
Disney has extended Bob Iger's contract as CEO through 2026, leading to a rise in the company's shares.
July 12, 2023 | 9:01 pm
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POSITIVE IMPACT
Disney's decision to extend Bob Iger's contract as CEO through 2026 has led to an increase in the company's share price.
The extension of Bob Iger's contract as CEO is seen as a positive move by the market, leading to an increase in Disney's share price. This is due to Iger's successful leadership and the stability that his continued tenure brings to the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100