
Disney (DIS) stock has been a perennial underperformer, losing more than 40% of its market capitalization over the last five years. Amid this frustrating underperformance, the company rehired its former CEO, Bob Iger, to lead the company again as chief exective in late 2022. Now, Iger is set to hang up his spurs next month, handing over the baton to Josh D’Amaro. However, Iger will remain a strategic advisor until the end of the year to ensure a smooth transition.
What should investors know as the C-suite shifts for Disney? Let's take a closer look.