Bob Iger returns to head Disney as Bob Chapek steps down • Techcrunch

The Walt Disney Company said today that Bob Iger will return to head the company while Bob Chapek is stepping down as CEO. Eager who I officially left the company last year, to take the order immediately. The company said he would serve as CEO for two years.

“We thank Bob Chapek for his service to Disney during his long career, including navigating the company through the unprecedented challenges of the pandemic. The Board of Directors concluded that as Disney embarks on an increasingly complex period of industrial transformation, Bob Iger is in A unique position to lead the company during such a pivotal period,” said Chairman Susan Arnold in a letter.

“Mr. Iger is deeply respected by Disney’s senior leadership team, most of whom worked closely with until his departure as CEO 11 months ago, and is deeply admired by Disney employees around the world — all of which will allow for a smooth leadership transition.”

The company said there was no change in the board of directors and Arnold would continue as chairman.

Iger served as CEO of Disney from 2005 to 2020 for 15 years prior to that. decides to step down And hand over the reins to Tangle. Remarkably, a tangle occurred Three-year extension contract with the company in June.

Upon his return, Iger said he was optimistic about Disney’s future and was happy to return to the company.

“Disney and its unrivaled brands and franchises hold a special place in the hearts of so many people around the world — and especially in the hearts of our employees, whose dedication to this company and its mission is an inspiration. I am deeply honored to be asked to once again lead such an incredible team, with a mission,” he said in a statement. Clear focuses on creative excellence to inspire generations through bold, unparalleled storytelling.

This is a developing story….

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