Bob Iger replaced Bob Chapek and took over as CEO of Disney again

Disney has always been famous for its shocking decisions, One such shocking decision was taken by Disney officials on Sunday evening, In this decision, Disney’s old CEO Bob Iger has been re-appointed as Disney’s CEO after 2 years, And this decision has been implemented with immediate effect.

Let me tell you that two years before Bob Iger left the post of CEO of Disney, and He was replaced by Bob Chapek but now Iger is back in dramatic fashion.

Disney’s announcement for Bob Iger’s return 

Disney has announced the return of Bob Iger in an official note and said about Iger’s return “The Walt Disney Company (NYSE: DIS) announced today that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Mr. Iger, who spent more than four decades at the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from the Board to set the strategic direction for renewed growth and to work closely with the Board in developing a successor to lead the Company at the completion of his term. Mr. Iger succeeds Bob Chapek, who has stepped down from his position”

Iger addressed all Disney employees by email

Bob Iger said in an email “Dear Fellow Employees and Cast Members, It is with an incredible sense of gratitude and humility—and, I must admit, a bit of amazement—that I write to you this evening with the news that I am returning to The Walt Disney Company as Chief Executive Officer.

When I look at the creative success of our teams across our Studios, Disney General Entertainment, ESPN, and International, the rapid growth of our streaming services, the phenomenal reimagining and rebound of our Parks, the continued great work of ABC News, and so many other achievements across our businesses, I am in awe of your accomplishments and I am excited to embark with you on many new endeavors”

Disney’s Bob Iger is widely respected and liked as the man who oversaw the acquisitions of Pixar, Lucasfilm and its “Star Wars” properties, and Marvel – all of which have become multi-billion-dollar intellectual property behemoths.


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