In one of the most shocking industry moves of the year, Bob Iger has found his way back to Burbank as the chief executive for The Walt Disney Company. Late Sunday night, Disney announced Iger's return, replacing his own successor Bob Chapek for the foreseeable future. It's being reported Chapek stepped down from the position as the Board approached Iger to return to his role. The executive previously retired in 2020.
"Mr. Iger has the deep respect of Disney's senior leadership team, most of whom he worked closely with until his departure as executive chairman 11 months ago, and he is greatly admired by Disney employees worldwide–all of which will allow for a seamless transition of leadership," she said. "I am extremely optimistic for the future of this great company and thrilled to be asked by the Board to return as its CEO," Iger added in the press release."Disney and its incomparable brands and franchises hold a special place in the hearts of so many people around the globe—most especially in the hearts of our employees, whose dedication to this company and its mission is an inspiration.
Buh Bye. Don't let the door hit you on the way out. As much as I'm looking forward to my upcoming Disney trip, I've been very unhappy with all the changes Chapeck made, cutting back and raising prices.
John Campea just creamed his pants
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