March 23 (UPI) -- The Walt Disney Company said its Board of Directors extended Robert A. Iger's contract as chairman and CEO until 2019 as it looks for a successor.
Iger's contract will now expire on July 2, 2019. Orin C. Smith, the independent lead director of the Disney Board, said Iger's "outstanding leadership" and his "clear strategic vision for Disney's future" were among reasons to extend his contract.