Walt Disney has extended the near decade-long reign of Bob Iger, the company said on Thursday, granting its chairman and CEO a contract extension through June 2018.
Iger, who previously served as Disney's president under Michael Eisner, has been with the company since 1999. In a statement, Disney said Iger would not receive a cash grants, but his retention bonus would be performance-based. Next year, Iger plans to name a chief operating officer, sources tell CNBC.
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