Bob Chapek has been sensationally replaced with immediate effect by his predecessor as CEO of The Walt Disney Company, Bob Iger.
Bob Chapek has been sensationally replaced with immediate effect by his predecessor as CEO of The Walt‘We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,’ said chairman of the board, Susan Arnold,. ‘The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.
She added: ‘Iger has the deep respect of Disney’s senior leadership team, most of whom he worked closely with until his departure as executive chairman 11 months ago, and he is greatly admired by Disney employees worldwide—all of which will allow for a seamless transition of leadership.’in September, has previously spent more than four decades at the company, including his initial 15-year stint as CEO from 2005.
Chapek has stepped down from the position he moved into in 2020, having served before as chairman of Disney Parks, Experiences and Products.The last two years have been rocky for Chapek, who was criticised as being slow to act when it came to
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