Georg Szalai and Paul Bond with the least surprising news of the year:
Set to retire from the entertainment giant in June 2018, Iger has now re-upped his contract until July 2, 2019 amid concerns among industry observers that there is no heir apparent within the company's executive ranks.
Iger's latest extension marks a change of mind for the executive. He originally planned to step down as Disney CEO in 2015 after running the company for a decade. But he extended and then did so again a year later.
Back then, he said about his plans to depart in mid-2018, "I really mean it."Read more...