Bob Iger Joins Chargers and Raiders in NFL Carson Stadium Project

The Disney CEO serves as the non-executive chairman of the joint venture.

If the owners of the Raiders and Chargers agree to the stadium site, the two NFL teams would move to Los Angeles.

"Should the owners approve the move, Los Angeles will proudly welcome two incredible teams to our community and build a stadium worthy of their fans," Iger said in a statement. "L.A. football fans will enjoy unprecedented access to games during the season, in a state of the art stadium designed to deliver the most entertaining, exciting and enjoyable experience possible."

In his new role, Iger will hire a president for Carson Holdings who will oversee the teams' participation with the stadium project. This will include the design of the facility, local marketing campaigns and fan experiences.

Iger will continue to serve in his roles at Burbank, California-based Disney, which is the parent company of ABC News.