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Disney CEO Bob Iger sold $42.7 million worth of company stock
DISDisney(DIS) New York Post·2024-11-25 18:53

Disney CEO Bob Iger sold more than 42millionworthofcompanystocklastweekastheMouseHousegearsupforalengthyprocesstofindhissuccessor.Iger,whoistwoyearsintohissecondstintaschiefexecutiveaftertheremovalofhishandpickedprotegeBobChapek,sold372,412sharesofDisneyonFriday,accordingtoafilingwiththeSecuritiesandExchangeCommission.Thesharesweresoldatanaggregatemarketvalueof42 million worth of company stock last week as the Mouse House gears up for a lengthy process to find his successor.Iger, who is two years into his second stint as chief executive after the removal of his handpicked protege Bob Chapek, sold 372,412 shares of Disney on Friday, according to a filing with the Securities and Exchange Commission.The shares were sold at an aggregate market value of 42,667,125.16. 3 Disney CEO Bob Iger sold more than $42 million worth of comp ...