If You Invested $1000 In Disney Stock During Bob Iger's First Rein As CEO, Here's How Much You Made

Zinger Key Points
  • Bob Iger was named the new CEO of Disney in November 2022, reprising a role he previously held for 15 years.
  • Shares of Disney enjoyed a nice return during Iger's time leading the company.

Investors of The Walt Disney Company DIS announced in November 2022 that CEO Bob Chapek would be replaced by former CEO Bob Iger

Here's a look at how Disney stock performed during Iger's previous time running the media giant. 

What Happened: Less than a year after being named the new CEO of Disney and returning to lead the company, Iger has seen his contract renewed through 2026. 

Iger previously came to Disney after the media company acquired ABC. He held the roles of President of Walt Disney International and Chief Operating Officer of Disney before being named the company’s CEO.

Iger became the CEO of Disney on Sept. 30, 2005, after Michael Eisner resigned from the position, a move that was announced earlier in March 2005.

As the CEO of Disney, Iger is credited with expanding the company into new categories and growing its library of intellectual property with several acquisitions.

Iger was a driving force for Disney acquiring Pixar in 2006, Marvel in 2009, Lucasfilm in 2012 and Fox in 2018.

The former and current Disney CEO also helped push Disney into the streaming market with the launch of Disney+.

Many were surprised when Iger announced two years ago that he would be stepping down as CEO, and would be replaced by Chapek. Iger previously planned to stay on as Chairman and help provide guidance to Chapek. The two would eventually have a falling out, and Iger left his role as Chairman on December 31, 2021.

Related Link: Bob Iger's Disney Tenure Extension 'Amazing,' Says Jim Cramer — But One Analyst Tells Why Move Is 'Neutral' To Stock

Investing $1,000 in Disney Shares: Investors who followed Iger’s last stint as CEO of Disney are likely hoping for a sequel.

A $1,000 investment in Disney shares on September 30, 2005, could have purchased 41.63 shares, based on an adjusted daily high of $24.02.

The $1,000 investment would have been worth $5,575.92 at the conclusion of Iger’s time as CEO based on an adjusted daily high of $133.94 on Feb. 25, 2020.

This represents a return of 457.6% on the investment during Iger’s initial leadership.

In comparison, an investment in Disney at the time of Chapek’s turn as CEO didn’t fare nearly as well.

A $1,000 investment in Disney at the time of Chapek taking over could have purchased 7.47 shares of DIS stock. The $1,000 investment would have turned into $726.01, representing a loss of 27.4%.

Read Next: NFT Possibilities For Disney Are 'Extraordinary': How Bob Iger's Return Could Propel Web3 Growth

Photo: Created with images from Loren Javier and Walt Disney Television on flickr.

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