The Walt Disney Company has appointed Bob Chapek, formerly Chairman of Disney Parks, Experiences, and Products, as its new Chief Executive Officer, the company announced. Former CEO Bob Iger will take a new role as Executive Chairman of the Board for the next 22 months, helping to transition Chapek to his new role.
In his role running Parks, Experiences, and Products, Disney’s largest business segment, Chapek managed 170,000 employees worldwide at Disney’s parks and resorts, cruise line, vacation ownership program, guided family adventure business, and the world’s leading licensing business, the world’s largest children’s print publisher, Disney stores worldwide, and Disney’s e-commerce operations.
Iger was perhaps the most impactful Disney CEO since Walt Disney, acquiring Pixar, Lucasfilm, Marvel, and Fox during his 15-year tenure. The company’s value quintupled from the time of his ascension to the role. Most recently he has managed the transition of Disney’s television business to the streaming age, launching Disney+ and completing the acquisition of Hulu.

Iger to Serve as Executive Chairman for Transition
Posted by Milton Griepp on February 26, 2020 @ 3:30 am CT

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