> Similarly, I don't buy the story that Iger is moving into a creative leadership role.
He's still staying on as executive chairman which outranks the CEO. But it is nevertheless odd that he is stepping down so quickly without a transition period.
I don't think it is scandal driven or the board would have ousted him from his chairman position as well. I'm just guessing here, but it could be health related. The last time a major CEO stepped aside was Steve Jobs due to illness. Eventually, Tim Cook became the CEO while Jobs stayed on as Apple's chairman until his death.
I remember there was talk about him running for president as well. Could be that as well but it is a bit late in the game for that.
He's still staying on as executive chairman which outranks the CEO. But it is nevertheless odd that he is stepping down so quickly without a transition period.
I don't think it is scandal driven or the board would have ousted him from his chairman position as well. I'm just guessing here, but it could be health related. The last time a major CEO stepped aside was Steve Jobs due to illness. Eventually, Tim Cook became the CEO while Jobs stayed on as Apple's chairman until his death.
I remember there was talk about him running for president as well. Could be that as well but it is a bit late in the game for that.
It's puzzling for sure.