Disney CEO Iger 'Overwhelmed' Amid Company Struggles and Investor Pressure

Disney CEO Bob Iger is said to be "overwhelmed and exhausted" trying to turnaround the company amid its stock slump.

Activist investor Nelson Peltz has lost confidence in Iger and boosted his stake in Disney to become one of its largest investors.

Peltz is pushing for board seats after Disney's stock has dropped over 50% from its pandemic highs last year.

Iger has raised prices for Disney+ and is looking to cut costs through layoffs and selling off assets like ESPN.

Insiders say Iger has privately joked "Why did I come back?" to run Disney again after retiring in 2020.