Published On:
Fri, May 15th, 2015
Bob Iger Sells $21.7 Million of Disney Stock
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Disney CEO Bob Iger decided to cash out a bit this week. With Disney shares having rocketed 70 percent in the past couple years, he apparently figured it’s a good time to take some profits off the table, so he sold 200, 000 shares this week for more than $21.7 million.
The CEO also gifted 90, 900 shares this week to an unknown beneficiary, according to an SEC filing…
by Paul Bond
Read more about: Bob Iger, Business, Business/Finance, CEO, Disney, Economy of the United States, entertainment, Entertainment/Culture, The Walt Disney Company, USD