Chapek OUT, Iger IN....

[PopPhan]

Just got an email from a Disney News site that stated that Bob Chapek is gone and Bob Iger is back as CEO of Disney!

What is this going to mean for the future? I know not a lot in the near future, but beyond that?

Bob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It’s a shocking development at Hollywood’s biggest company. Bob Chapek, who replaced Iger in 2020 as CEO, is stepping down immediately. “We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” Susan Arnold, Chairman of the Board for Disney, said in a statement on Sunday night. “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.”

The CNN Business post:
https://www.cnn.com/2022/11/20/media...ceo/index.html