• Disney Update: Bob Iger Returns as CEO, Chapek Exits Out

    8 days ago - By CG Magazine

    The Walt Disney Company board of directors officially appointed Bob Iger as the current CEO, as Bob Chapek steps down.
    With the last quarter earnings performance for Disney being underwhelming , a company email stated that former CEO Bob Iger would return to his mantle as the head of the entertainment, cruise and theme park company. Surprisingly, Iger and the board fired his successor, Bob Chapek, after multiple disappointing quarters in Disney's financial books. The board explicitly noted that Iger will be returning on a two-year contract.
    Chapek had faced a lot of controversy and...
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