ICYMI: Effective immediately, Bob Chapek is stepping down as Disney CEO, and Bob Iger is returning to the position for two years to help 'develop a successor.' Disney BobIger BobChapek WaltDisney
\nA massive shakeup has occurred at Disney. At the beginning of 2020, the news came that Bob Iger was retiring and Bob Chapek would be taking over. That probably seemed like a good idea at the beginning of 2020, but a month later, the pandemic hit, and even the biggest company in the world has a hard time recovering from a thing like that. It's been really up and down since then with lots of rumors about being not great over there, and now that has come to fruition.
\n'We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,' said Susan Arnold, Chairman of the Board. 'The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.'\n'Mr.
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