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Disney's Iger Is Now in a Rare Role: Executive Chairman

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Robert Iger , the longtime head of Walt Disney Co., stepped aside as CEO this week. But he's not really gone: Mr. Iger has taken on the relatively rare role of executive chairman. Major corporations are increasingly splitting the positions of chairman and chief executive. Today, more than half the companies in the S&P 500 use such a structure, according to proxy advisory firm Institutional Shareholder Services, up from just 35% in 2009...

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