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Disney extends CEO Iger's contract until the end of 2026

NEW YORK: Disney announced Wednesday that it extended Bob Iger's contract through December 31, 2026, giving the long-running chief executive two more years to lead the entertainment giant.

Disney Chair Mark Parker said Iger — who returned to the corner office in November 2022 — had 'once again set Disney on the right strategic path' and that the extra time would 'allow ample time to position a new CEO for long-term success.'