Former Disney boss Bob Iger explains when it’s time to step down: ‘I was no longer open to the opinions of others’

With just over a week to go at Disney, former CEO and current chairman Bob Iger explains why he decided to leave the company.

He told US news channel CNBC that he was beginning to think about his resignation because he felt he was becoming “more and more dismissive of the opinions of others”. Iger was Disney’s chief executive from October 2005 to February 2020. He was succeeded by Bob Chapek. Since April last year, Iger has been active as chairman of the company. He will say goodbye to the film studio at the end of this year. “Over time, I started listening less and maybe had a little less tolerance for other people’s opinions,” Iger told CNBC. “Maybe because I got a little too confident in my own opinion, which sometimes happens when you’re getting praised all the time.”

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70-year-old Iger did not disclose his specific reasons for his departure. He did admit that he started saying “no” to his colleagues too quickly, because he felt that he had “heard every argument before”.

Iger added that Chapek, Disney’s new CEO, will make the necessary changes to the company.

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“I started to disdain other people’s opinions a little more than I should have,” said Iger. “It wasn’t the reason I left, but it contributed to it.”

Iger and Chapek wouldn’t get along

In July, an experienced non-Disney studio executive told Insider that many in Hollywood believe Iger and Chapek are not on good terms.

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“It’s just common knowledge. They don’t get along,” said the manager. “It’s uncomfortable with Bob Iger around,” he said. According to the executive, Chapek is waiting to really lead the company and Iger’s long farewell prevents this. The New York Times reported in April 2020 that although Iger had officially resigned from his role as CEO, he was taking a lot of power as chairman when the corona pandemic also hit Disney.

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Author: Jobly