Bob Chapek’s Disney Contract Extended for 3 Years

Bob Chapek’s Disney Contract Extended for 3 Years
The Disney board of directors has unanimously voted to extend Bob Chapek’s contract. He will remain CEO for three more years.

“Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses — from parks to streaming — not only weathered the storm, but emerged in a position of strength,” Susan Arnold, the chairman of Disney’s board, said in a statement on Tuesday. “In this important time of growth and transformation, the Board is committed to keeping Disney on the successful path it is on today, and Bob’s leadership is key to achieving that goal. Bob is the right leader at the right time for The Walt Disney Company, and the Board has full confidence in him and his leadership team.”

“Leading this great company is the honor of a lifetime, and I am grateful to the Board for their support,” Chapek, who is 63, added.
See full article at Indiewire »

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