Bob Iger Returns to Thrive Capital as Advisor One Month After Leaving Disney CEO Role
Former Disney CEO joins venture capital firm as advisor, having previously served brief stint in 2022
Quick Look
- Bob Iger is returning to Thrive Capital as an advisor just one month after stepping down as CEO of Disney, a position he held for nearly two decades.
- Iger previously served a two-month stint as a venture partner at the firm in late 2022 but left when the Disney board asked him to retake the helm following his initial departure in 2020.
- Thrive founder Josh Kushner praised Iger's leadership style on X, noting he already owns a stake in the firm and will work with investment staff and portfolio founders in a part-time advisory capacity.
AI-generated summary
Why It Matters
Bob Iger is one of the most prominent executives in entertainment and media, having led Disney for nearly two decades through major acquisitions including Pixar, Marvel, Lucasfilm, and 21st Century Fox. His return to venture capital marks a new chapter after his lengthy tenure at the media conglomerate.
Bob Iger is returning to Thrive Capital as an advisor, just one month after stepping down as CEO of Disney, a role he held for nearly two decades. Iger previously served a two-month stint as a venture partner at the firm in late 2022, but left when the Disney board asked him to retake the helm of the media conglomerate, following his initial departure from the company in 2020. “Bob leads with boldness and conviction because he knows what he is building and why. He is rejoining Thrive at a time when that kind of leadership matters most,” Thrive’s founder Josh Kushner posted on X. Iger, who already owns a stake in the firm, will work with Thrive’s investment staff and portfolio founders, the Wall Street Journal reported. However, his advisory role will likely not require a full-time commitment.
Open Questions
- What specific companies or sectors will Iger focus on at Thrive Capital?
- Will Iger take on a more formal role at Thrive in the future?
- How will Iger's involvement impact Thrive Capital's investment strategy?
