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Bob Chapek has been named CEO of The Walt Disney Company, effective immediately; Bob Iger will serve as executive chairman through 2021

Robert A. Iger Assumes Role of Executive Chairman through 2021 Mr. Iger Will Direct the Company's Creative Endeavors Mr. Chapek Brings 27 Years …

The Walt Disney Company

Discussion

  • Vox Peter Kafka on x
    Disney has a new CEO, but its old CEO isn't going away quite yet
  • @edmundlee Edmund Lee on x
    WHOA: Disney CEO Bob Iger to step down (per release): Bob Chapek, who runs the theme parks, will start immediately as CEO. (Also means Kevin Mayer, who runs the streaming biz, didn't get it.)
  • @ballmatthew Matthew Ball on x
    Summary of weird: - Bob is 14 months into 36 month extension - Didn't do this during blow-them-away earnings a few weeks ago - No transition; immediate - During Coronavirus parks/theatrical scare crushing stock - Random Tuesday drop - Comes after months of Iger's press tour
  • @kirkneverdied Sean Chandler on x
    What a run as CEO! His book from last year is a great read and very informative. You can certainly question the artistic merits of his strategies, but he's brilliant business man. And he was smart enough to retire on top of the world. https://twitter.com/...
  • @variety @variety on x
    Bob Iger is retiring and Bob Chapek, a 27-year Disney veteran who heads the company's parks division, will succeed him as CEO https://variety.com/... https://twitter.com/...
  • @maudegarrett Maude Garrett on x
    I loved him in Breaking Bad https://twitter.com/...
  • @crecenteb Brian Crecente on x
    Oh hey, does that mean Disney might start making games again? https://twitter.com/...
  • @anthony Anthony DeRosa on x
    Mr. Chapek most recently served as Chairman of Disney Parks, Experiences and Products. https://www.businesswire.com/ ... https://twitter.com/...
  • @pkafka Peter Kafka on x
    Conventional media biz wisdom was that Iger, who kept renewing his contract, would stick around for some time; and that Kevin Mayer, who is running Disney streaming, was being groomed to replace him.
  • @pkafka Peter Kafka on x
    Double Disney surprise: * Bob Iger steps down as CEO, effective immediately. *Replaced by Disney parks boss Bob Chapek
  • @thekenyeung Ken Yeung on x
    Disney has promoted Bob Chapek, Chairman of Disney Parks, Experiences and Products, as its new leader. Bob Iger will become Executive Chairman and will direct the Company's creative endeavors through Dec 2021 (end of his contract). https://thewaltdisneycompany.com/ ...