In an unexpected turn of events, The Walt Disney Co. said that Bob Chapek would step down as CEO, and Bob Iger would return to lead the company.
“We thank Bob Chapek for serving Disney throughout his long career, including navigating the company through its unprecedented challenges,” said Susan Arnold, Chairman of the Board of Directors. epidemic. “The Board concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely positioned to lead the Company through this pivotal period.”
More to come.