Disney CEO Accused of Sabotaging Company's Future Leadership

Former CFO Gary Wilson alleges Bob Iger systematically eliminated potential successors, raising concerns about the company's future amid financial struggles and a decline in Marvel's success.

• Former Disney CFO Gary Wilson accuses current CEO Bob Iger of systematically eliminating any potential successors, ensuring his own continued leadership.
• Bob Iger returned as CEO less than three years after stepping down, amidst financial turmoil and legal battles, but has not managed to bring Disney back to stability.
• Despite Iger's claims of robust succession planning, his contract has been extended until 2026, causing concern about the future leadership of the company.
• Billionaire Nelson Peltz and former Marvel Entertainment Chairman Ike Perlmutter are engaged in a proxy battle that could determine the future of Disney and Iger's role in it.
• Disney's earnings per share have taken a hit in recent years, and the company's Marvel franchise has seen a decline in box office success.

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