He will succeed Mark Parker on January 2, 2025.
Parker, executive chairman of Nike, is leaving the board after serving as a director for nine years.
Iger returned to the corner office in November 2022 and has vowed to execute a better handoff this time.
Disney board member James GormanSaul Loeb/AFP via Getty Images
Some outsiders have reportedly also been approached.
Gorman said appointing a new CEO is a critical priority for Disney.
