Bob Iger is stepping down from his position as the Chief Executive Officer of The Walt Disney Company. Disney has announced that Bob Chapek will assume the role of CEO effective immediately. Iger is staying with the company and assuming his role as executive chairman. Iger’s chairman contract continues through December 31, 2021. Iger will continue to lead the company’s creative endeavors.
Chapek is a 27-year veteran of The Walt Disney Company and most recently served as chairman of Disney parks, experiences, and products. The change of CEO follows Iger’s successful launch of Disney’s streaming platform Disney+ last fall. Iger said in a statement (via CNBC): “With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO.”
Iger added, “I have the utmost confidence in Bob and...
Chapek is a 27-year veteran of The Walt Disney Company and most recently served as chairman of Disney parks, experiences, and products. The change of CEO follows Iger’s successful launch of Disney’s streaming platform Disney+ last fall. Iger said in a statement (via CNBC): “With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO.”
Iger added, “I have the utmost confidence in Bob and...
- 2/25/2020
- by Zack Sharf
- Indiewire
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