Bob Chapek’s ousting may have come as a surprise on Sunday, but the Disney board was reportedly considering it for a long time
The entertainment industry was stunned on Sunday when it was announced that Bob Iger had returned as CEO of The Walt Disney Company, replacing his successor, Bob Chapek. The move was a surprising one, considering that Iger had previously retired in 2020, but according to a report from The Hollywood Reporter, Disney's board had been hoping to fire Chapek for quite some time with discussion about the matter going back as far as a director's meeting in late June.
"He didn't get to say goodbye or say, 'I've decided to step down," the source is quoted as saying."I bet you it broke Chapek's firing of [Peter] Rice in seven minutes. They called [Chapek] and said, 'You're out. Our lawyers will call your lawyers.' No statement from him, no comment from him, no grace. It's f-cking insane."
Iger later sent a company-wide email to employees of Disney regarding his return. You can read the whole email here.
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