December 8, 2006 – MarketWatch Names Bob Iger as CEO of the Year
“This is a well-deserved honor for Bob, and indicative of the passion and perseverance he brings to all of him endeavors.” – Peggy Williams, President of Ithica College
On December 8, 2006, MarketWatch released a statement naming Walt Disney Company President and Chief Operating Officer Robert Iger as CEO of the Year. Iger was named thanks to his contributions to the innovation of the entertainment industry; MarketWatch looks at the track record of CEOs in terms of stock price, performance for customers, treatment of employees, and corporate-governance initiatives. One of the major initiatives that led to this honor for Iger was the careful negotiations for Disney to buy Pixar for $7 billion, extending an olive branch to the company that had suffered a fractured relationship with Disney for quite some time.