Disney CEO Iger to Step Down in 2015

New deal also makes Iger chairman of company

The Mouse will be getting a new chairman—and, come 2015, a new CEO.

On Friday, the board of directors of the Walt Disney Company announced a new deal with CEO Robert Iger, which extends his contract through June 2016 and will make him chairman of the company come March. But Disney has also announced an end date for Iger's tenure as CEO; he'll be stepping down in March 2015 for a successor to be named then.

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