technology
Bob Iger Takes Adviser Role at Thrive Capital After Stepping Down as Disney CEO
Bob Iger, who stepped down as Disney's chief executive last month, has joined Thrive Capital as an adviser. The New York-based venture firm was founded by Josh Kushner in 2009. Iger will work on investments and with portfolio company founders while remaining employed by Disney through 2026.
Apr 23, 4:44 PM·1m read2 sources
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Bob Iger has taken a role as an adviser to venture-capital firm Thrive Capital after stepping down as Disney’s chief executive last month. According to a Wall Street Journal report, Iger will work with the firm’s staff on investments and with founders of companies in the VC company’s portfolio. Thrive Capital recently raised $10 billion for a new set of funds.
Thrive Capital is based in New York. The firm was founded in 2009 by Josh Kushner. Josh Kushner is the younger brother of Jared Kushner. Jared Kushner is Donald Trump’s son-in-law. Josh Kushner is a former Goldman Sachs banker.
Josh Kushner is the son of real-estate developer Charles Kushner. In September 2022, Bob Iger joined Thrive Capital as a venture partner. Bob Iger had previously relinquished the Disney CEO role before September 2022.
Bob Iger’s tenure as Disney executive chairman concluded at the end of 2021. In November 2022, the Disney board called Bob Iger back to replace Bob Chapek as CEO.
Per his agreement with Disney, Bob Iger will remain employed by Disney through the end of 2026. Bob Iger will serve as a senior adviser to new Disney CEO Josh D’Amaro through the end of 2026. Bob Iger remains on Disney’s board through his current term.
Thrive Capital’s investments have included Instagram.
