The legendary exec will retire (again) in late 2026, so the kingdom needs a new king—or, for the first time ever, a queen.
In November 2022, Iger made a surprise return to Disney following a much-heralded retirement to clean up the messes created by his handpicked successor, Bob Chapek, and deal with a radically altered entertainment landscape. Within a year, he eliminated 8,000 positions as part of a $7.5 billion cost cutting plan. Several of the company’s recent sequels, live-action remakes, and IP efforts had disappointed at the box office. Wall Street was pressuring him to make Disney + profitable.
Until longtime film executive Alan Horn retired in 2021, though, he always reported to or worked closely with an executive with deep creative experience. Bergman came from the world of finance, which is certainly an asset. “If you threw up a spreadsheet, he’d absorb it in 30 seconds and send questions back at you, so you better be tight on the numbers,” says an executive who worked with him.
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