At the DealBook Summit today, Disney CEO Bob Iger addressed his succession plan, what failed with Bob Chapek, and his plans for the future. Iger, who was brought back as CEO a year ago, had his contract extended from ending at the conclusion of 2024 to a December 31, 2026 expiration date back in July.

Iger said that he will “definitely step down” at the end of his 2026 contract. Iger said that he did a postmortem to determine what went wrong with the secession planning that led to Chapek and said that there were some things that the Board discovered, but that there were some “unknowables”. Iger noted that while he was retired, he was disappointed in what he was seeing under Chapek’s reign, but that he tried to distance himself from the Company because it wasn’t his to run anymore.

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