With two-time and two-decade Disney (NYSE: DIS) CEO, Bob Iger, finally getting his replacement on March 18 in the form of Josh D’Amaro, noting that the industry titan’s tenures have been mixed has become inescapable.
Indeed, Iger’s return to the company in 2022 was, at the time, enthusiastically welcomed due to his previous performance, but his second stint as the head of the House of Mouse, arguably, hasn’t been a success for the company’s shareholders.
When Bob Iger came back to head Disney, DIS stock was changing hands at about $90. Considering the entertainment powerhouse is, at press time, trading at $100.60, his second tenure led to only a 9% rally.
Along with the broader stock market significantly outperforming the firm with a 70.85% rally for the benchmark S&P 500 index within the same timeframe, the heightened inflation of the era means that Disney shareholders would, in fact, be worse for wear by 2026.
Disney stock vs. S&P 500 performance during Bob Iger’s second term as CEO. Source: Google$1,000 invested in Disney stock on Bob Iger’s return is worth this much
A $1,000 investment in DIS shares made upon Bob Iger’s return would, at press time on March 18, 2026, be worth about $1,090.
Simultaneously, the U.S. Bureau of Labour Statistics inflation calculator shows that, to match the purchasing power of $1,000 in November 2022, one would need $1,097 in February 2026 – the most recent available month of the website.
Late 2022 vs early 2026 purchasing power comparison. Source: U.S. Bureau of Labor StatisticsBob Iger led Disney stock to crushing the S&P 500 in his term as CEO
Such performance is in stark contrast to Bob Iger’s first term as Disney CEO. Between the time he first took over and the time he first departed the company, DIS shares rallied nearly 477%, while the S&P 500 rallied 186.55%.
Disney stock vs. S&P 500 vs. purchasing power change during Bob Iger’s first term as CEO. Source: Google and U.S. Bureau of Labor StatisticsFor the sake of fairness, a $1,000 investment made at the start of the original term would be worth $5,770 by the time it ended in February, 2020. The inflation calculator, for its part, shows that one would need $1,298 to match the purchasing power of $1,000 in October 2005, the time Iger originally became Disney CEO.
Featured image via Shutterstock
Source: https://finbold.com/disney-just-got-new-ceo-heres-how-much-dis-stock-fell-under-bob-iger/
