Bob Iger Steps Down As Disney CEO

Bob Iger Steps Down As Disney Ceo

Bob Chapek has been named Disney’s new Chief Executive Officer effective immediately, replacing the outgoing CEO Bob Iger – the main architect of both the Disney+ streaming service and the Fox acquisition.

Iger will assume the role of Executive Chairman and direct the company’s creative endeavors, while continuing to lead the board through the end of his contract on December 31st 2021 when he will exit.

Chapek will handle day-to-day operations and learn the rest of the job during the transition period. Chapek started with the studio in 1993 and most recently served as chairman of Disney Parks, Experiences and Products, and previously ran Disney’s parks and consumer products divisions.

During a conference call with investors this afternoon, Iger says the time was now to announce his successor so he could focus on Disney’s growing content operations:

“With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO. I have the utmost confidence in Bob and look forward to working closely with him over the next 22 months as he assumes this new role and delves deeper into Disney’s multifaceted global businesses and operations, while I continue to focus on the company’s creative endeavors.”

Chapek will be the seventh CEO in Disney’s nearly 100-year history.

Source: Deadline

Previous article“Jurassic World: Dominion” Is Third Film’s Title

Tempemail , Tempmail Temp email addressess (10 minutes emails)– Sometime you want to sign up for a site to watch free movies online which requires email address to send a validation e-mail to. But you don’t want to provide your real email because they can send many spam mail to your email. To avoid that, visit this Temp mail generator: tempemail.co and you will have a Temp mail disposable address and end up on a bunch of spam lists to watch online free movies. This email will expire after 10 minute so you can call this Temp mail 10 minute email. Our service is free! Let’s enjoy!

Leave a Reply

Your email address will not be published. Required fields are marked *