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Disney Chairman sells nearly $100 mn in shares, cuts stake in firm by half
short by Kiran Khatri / on Friday, 4 June, 2021
Walt Disney Chairman Bob Iger has disposed of company shares worth $98.7 million, cutting the shares he owned directly by 50%. The 70-year-old sold 550,570 shares at an average price of $179.2 on June 1, regulatory filing showed. Iger, who handed over the role of CEO to Bob Chapek in 2020, is set to retire as Chairman later this year.
read more at BloombergQuint