Bob Chapek Replaces Bob Iger As Disney CEO Effective Immediately
Image: © Disney
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Bob Iger will take on the role of executive chairman through Dec. 31, 2021 until the end of his contract with the company.
“With the successful launch of Disney's direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO,†Iger says.
Disney shares are down 2.4% after hours.
Source: Seeking Alpha
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