Published On: Thu, Jun 5th, 2014

Fortune Magazine Names Disney CEO Bob Iger Top Tech Visionary

The man who brought Star Wars and Spiderman to Disney has been recognized for his vision.

 

 

Hong Kong Disney Preparations

 

The Chief executive Officer of the Walt Disney Company, Bob Iger, has been named a “top tech visionary” by Fortune Magazine.

The Magazine says, “Iger’s legacy at Disney will always include his plays for intellectual property: He bought Pixar, Marvel Entertainment and Lucasfilm. But in 2013, he made a bold play for digital-first content, paying almost $1 billion for Maker Studios, a multi-channel network which runs a number of popular YouTube channels. Beyond his M&A efforts, Iger will be personally involved in Disney’s new startup accelerator, which will seek to infuse the organization with an entrepreneurial spirit.”

Iger told Fortune that Disney plans to turn its hit movie Frozen into a Broadway play. The movie grossed more than $700 million worldwide and sequels are a foregone conclusion.

“I realized, my goodness, Disney Animation is where it rightfully belongs. The exhilaration was profound. It’s not about the bottom line. The bottom line is for the quarter. This is for something bigger and longer, ” he told Fortune.

Last year Bob Iger was the seventh highest paid corporate CEO in America with $34.3 million in compensation. That was down from $40 million the year before. But maybe the success of Frozen and his new title may get him a raise.

Robert Allen “Bob” Iger is an American businessman who was named president of Disney in 2000 and succeeded Michael Eisner as its chief executive in 2005. He is also the company’s chairman.

One of Iger’s successful moves was the acquisition of Pixar Animation Studios in 2006, which led to new animated success for Disney like Frozen. He also engineered the acquisitions of Marvel Entertainment in 2009 and Lucasfilm in 2012.

Iger has a Bachelor of Science degree in Television & Radio from Ithaca College’s Roy H. Park School of Communications. He began his career as a local weatherman and later became an executive with the ABC television network. When ABC was bought by Disney, Iger began to move up Disney’s corporate ladder.

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