Bob Chapek Replaces Bob Iger As Disney CEO Effective Immediately
News 25-Feb-2020
Disney has just announced that Bob Chapek, chairman of the Parks, Experiences and Product, will be the Walt Disney Company new chief executive officer (CEO) effective immediately.
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.
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