The Man Behind “America’s Most Admired Company”

Bob Iger (Photo Credit: Angela George)
Robert Allen Iger (b. 1951) was born in New York City and raised on Long Island. He studied television and radio at Ithaca College (with the dream of becoming a news anchor) and there had his first media job on the college television station. After several months working as a casual weatherman, and struggling to find a reporting job, Iger joined ABC as a “studio supervisor” helping out on the set of soap operas and game shows. A few years later he joined the production team at ABC Sports, a position he held for nearly a decade. From there, he became a VP of ABC Sports, and a few years later a VP of ABC. In 1992, he became the company’s president, having incredibly worked his way up from an entry-level position, with just a bachelor’s degree in hand. Iger went on to launch some of ABC’s most popular television shows, including Home Improvement, America’s Funniest Home Videos, and Who Wants To Be a Millionaire?Meanwhile, because of his tremendous success and famous foresight, he was one of only a few executives to survive the buyout of ABC, first by Capital Cities Broadcasting, and then again by The Walt Disney Company. In 1999, Iger was made president of Walt Disney International. By 2005, he took over as CEO as well, and was put in charge of Disney’s day-to-day operations, vowing to fix the struggling company. Soon, Iger engineered Disney’s takeover of Pixar, and then its acquisition of Marvel Entertainment. To the latter he gave the necessary boost to bring out the “Marvel Cinematic Universe”, now the highest-grossing film franchise of all time. Iger had a vision to do something similar with Star Wars, and in 2012 acquired Lucasfilm. Star Wars has since become the second highest-grossing film franchise of all time. Iger has expanded Disney in other ways, too, including a new $5.5 billion Disney Resort in Shanghai. All in all, he increased Disney’s value from $48 billion to some $170 billion, and hired over 18,000 people during his tenure, earning the company multiple accolades including “America’s Most Admired Company” (Fortune Magazine), the “World’s Most Reputable Company” (Forbes), and the “Best Place to Launch a Career” (BusinessWeek). Iger, meanwhile, has been called the “Best CEO”, won multiple “CEO of the Year” awards, as well as a “Corporate Humanitarian Award” and “Equal Opportunity Award”. He is ranked among the 25 most powerful people in business. Iger is also a generous philanthropist, and has been given the Ambassador for Humanity Award for his efforts.
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Words of the Week
For the scientist who has lived by his faith in the power of reason, the story ends like a bad dream. He has scaled the mountains of ignorance; he is about to conquer the highest peak; as he pulls himself over the final rock, he is greeted by a band of theologians who have been sitting there for centuries.
– Dr. Robert Jastrow, renowned astrophysicist

Lina Bauer (1830-1909) was born to a wealthy, religious German-Jewish family in Breslau (now Wroclaw, Poland). Her parents were noted social justice activists and philanthropists. Among other things, her father built an apartment building to provide housing for destitute workers, while her mother and aunts sought to save women from brothels and give them a proper education. Lina was raised with these important values. At just 18 years of age, amidst the wars of 1848, she established the Penny Society for Poor Pupils to raise money for shoes, clothes, and books for needy children. The organization would continue to operate for the next eighty years, providing countless children with basic necessities. Lina received an extensive education in music, literature, history, and science, and was so passionate about her studies that her mother wanted to take her out of school. Undeterred, Lina continued to study in secret at night. Meanwhile, she fell in love with a poor Polish Jew and married him in 1854 despite her parents’ wishes. The couple moved to Berlin and Lina (now Morgenstern) started to write to help pay the bills. Morgenstern was heavily influenced by the German thinker Friedrich Fröbel, famous for his concept of a “kindergarten” where small children can learn, play, and grow healthy and happy. Fröbel’s preschools did not go very far, and were even suppressed by the Prussian authorities. It wasn’t until Morgenstern co-founded the Berlin Women’s Association for the Advancement of Fröbelian Kindergartens that the idea took off. She chaired the organization for five years, during which time she established eight kindergartens, and a training academy for kindergarten educators. Fröbel’s other students established the first kindergartens in America, and the institution was soon adopted around the world. Morgenstern ultimately left her post to start a new charity: the Volksküche, or “people’s kitchen”. This organization distributed healthy meals to the poor, inspiring the thousands of soup kitchens that operate around the world today. Morgenstern herself opened up ten such kitchens, each serving as many as 2500 people per day! Morgenstern also published a number of important works on feminism, education, health, and child care. Her Das Paradies der Kindheit (“The Paradise of Childhood”) was the kindergarten textbook used globally for decades, and went through seven editions in her lifetime alone. Meanwhile, her Illustrated Universal Cooking Book – a result of all those years working in soup kitchens – was so popular that the Nazis did not include it in their Jewish book-burning list. Among the other organizations that Morgenstern founded are the School for Further Education of Young Ladies, the Berlin Housewives’ Association, the International Congress of Women, and the Berlin Society for Child Protection. During the Franco-Prussian War of 1870, she started a group for the care of soldiers, assisting some 60,000 troops. Morgenstern had become so popular and beloved that the German emperor and empress, Wilhelm and Augusta, visited her and became her patrons. Morgenstern was awarded the Victoria Medal, the Service Cross, and the War Medal. Despite all this, she was a central target for anti-Semites, and their attacks ultimately forced her into bankruptcy and illness. The Empress sent her to San Remo to recover, but it was not enough. Morgenstern left the public sphere and spent her last years writing. Among her final works is a collection of 250 biographies of inspiring women. In those last years she also directed the German Peace Society, advocating for pacifism, arms reduction, and peaceful coexistence. Disbanded by the Nazis, the organization was reformed in 1945, and continues to operate to this day. Morgenstern quietly passed away in 1909, and is buried in Berlin’s Jewish cemetery.