Disney stock dips after proxy sets CEO search timeline, reveals Iger pay and $7 billion buyback goal
Walt Disney shares fell nearly 2% Friday to $110.98 after the company’s annual proxy filing. The board expects to name a new CEO in early 2026, with the annual meeting set for March 18. The filing set CEO Bob Iger’s 2025 pay at $45.8 million and targeted $7 billion in share buybacks for fiscal 2026. Investors await Disney’s Feb. 2 earnings report for updates on streaming and parks.