Kevin Mayer and Tom Staggs, who at one point were considered the heirs apparent to Disney CEO Bob Iger, are rejoining the company in advisory roles as Iger looks to potentially sell Disney’s linear TV holdings.
Mayer and Staggs, who founded Candle Media in 2021, are not returning as full-time employees and will continue to run Candle, but their association with the company has caused a buzz on Wall Street. Before Iger selected Bob Chapek to replace him as CEO, both Mayer and Staggs were widely seen as candidates for the job.
