Walt Disney Company CEO Bob Iger announced a restructuring of the company during his first earnings call back at the helm of the business he first retired from in 2021.
Iger famously returned on Nov. 20, 2022, to replace fired CEO Bob Chapek. He touted the reorganization as a way to return creativity to the center of the company. “Our company is fueled by storytelling and creativity,” he said. “Virtually every dollar we earn … emanates from something we created.”