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Bob Iger on Life After Disney: “I’m not retiring. I can’t do this”

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12:18 pm PDT 03/22/2021

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Alex weprin

The executive also spoke about the backstory of the surprise succession announcement in an interview with SiriusXM’s Alan Fleischmann.

What’s next for Walt Disney Co. executive chairman Bob Iger after leaving the company this year? He’s not quite sure … but he doesn’t intend to stay away.

“I’m not retiring. I can’t do this,” Iger told SiriusXM Business Radios. Leadership issuesin an interview that will take place on April 6. “First of all, my wife is still working, my kids are all out of the house. I’m not going to sit at home watching TV shows. And so I’m going to find out, but I’m not going to. understand while I’m still at Disney and I’m not going to commit too much so that by the time I go out, I have no more freedom. … I ” I would like a little more free time in my life. And I would like more adventure, whatever. “

During the interview, excerpts were shared with Hollywood journalistIger also explained what precipitated his surprise departure as CEO of Disney a year ago, which saw Parks Chief Bob Chapek elevated, and led to the departure of Direct-to-Consumer Chef Kevin Mayer.

“I didn’t want to extend the duration of my welcome. I really wanted to leave at a time that made me feel good, that I had accomplished a lot, that I had not hit too many speed bumps, or suddenly that my luck would run out or right away. I wanted the timing to be right, and 15 years seemed to be enough for me, “said Iger.” And so what I proposed to the board, I know it sounded like abrupt because we kept it very quiet, but a few months before the announcement I offered to the board to stay in place until the end of my term, which is the end of ’21, but in a different role .

“So I thought the best thing I could do for the business would be one, make sure that we are successful in succession and that my successor is successful,” he added. “And then leave the company and my successor with as much creativity as possible. A pipeline of movies and TV shows, attractions and land in theme parks and you name it that will fuel the business for many years to come. ”

Iger, who says he plans to write another book after leaving the company (his first book,The ride of a lifetime, was released in 2019) also says he doesn’t expect a big exit from the company he led for 15 years, although he is hoping to get something official farewell.

“I imagine that in the next few months, I’ll end up becoming less and less relevant,” he said, adding, “There are places I want to go, I hope to go. I hope COVID allows me to say goodbye to the people who have been so important to my Disney career and life. You mentioned Shanghai at the beginning: we are celebrating our fifth anniversary there this spring, and I intend to go back and see it once again as a non-civil. “



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