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Bob Iger's Back at Disney: 3 Reasons Investors Should Pay Close Attention

TheMotleyFool

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Bob Iger's Back at Disney: 3 Reasons Investors Should Pay Close Attention: https://g.foolcdn.com/editorial/images/710735/bob_iger.jpg

Walt Disney (NYSE: DIS) investors cheered the news of CEO Bob Iger's return, and it's not hard to see why.

In the nearly three years that former CEO Bob Chapek was at the helm, the stock sputtered as the company's pivot to a streaming-first enterprise seemed to lose steam and also spilled plenty of red ink on the income statement. As you can see from the chart below, Disney stock significantly underperformed the S&P 500 during Chapek's tenure.