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CNBC Squawk Alley March 23, 2017

Fortt, seema mody joins us this morning at post 9. We begin the hour with some breaking news out of disney. The company saying the board of directors has extended bob igers contract as chairman and ceo to july 2nd of 2019. Orrin smith is the independent lead director. He says given bob igers outstanding leadership, his record of success in a changing media landscape, and his clear Strategic Vision for disneys future, it is obvious that the companies and its shareholders will be best served by his continued leadership. I think returning to Julia Boorstin on some of this as we make sense on what igers going to be around for a while, julia. Thats right. Theres been a lot of talk and speculation about who was going to replace bob iger when his contract expired at the end of june 2018. And so, the fact that this is being extended for a year is not a big surprise because there wa ....

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