Disney (ticker: DIS) CEO Bob Iger will sell the company before he walks away. Iger will not appoint another successor after his 2020 appointment of Bob Chapek as CEO failed. Today, PepsiCo (ticker: PEP) CFO Hugh Johnston was named Disney CFO (read more HERE).
My view is that Disney will be sold to Apple (ticker: AAPL), Amazon (ticker: AMZN), YouTube/Google (ticker: GOOGL) or Microsoft (ticker: MSFT) before Iger walks away. Disney’s sale will be a 2H 2024, 2025 or 2026 event. My guess is that a Disney sale will be announced at the end of 2024 or in 1H 2025.