Bob Iger named Disney CEO in shocking development | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Former Disney boss Bob Iger is returning as CEO, replacing Bob Chapek, the company announced.

Bob Chapek, who replaced Iger in 2020 as CEO, is stepping down immediately. “We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” Susan Arnold, Chairman of the Board for Disney, said in a statement on Sunday night.

That report sent Disney’s stock to tumble after a year of sluggish to bad performance. Chapek guided the company through the pandemic, one of its most tumultuous periods in its nearly 100-year history, but ultimately Disney decided that its future was in better hands with Iger. Iger has an almost mythical status as the leader of Disney. He spent 15 years as CEO and was instrumental in acquiring major brands like Marvel and Lucasfilm, the home to Star Wars.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is he going to kneel before Lord DeSantis and agree to butch up those Disney movies with white, male heroes and evil dark villains ... you know, like Fox News.

Sadly Disney became anti-family, anti-kids…magic is gone.

Imagine that being woke isn’t a money making thing.

Makes sense for Disney and is great for shareholders. Hopefully they can get back to basics.

I bet 5 bucks, to come Back he negotiated for FULL CONTROL.

I hope this benefits Orange County, at least.

Great news for Disney and America

Chapek inherited a poison chalice. The pandemic was bad for a lot of businesses, and it looks like it was intended that Bob Iger would return after being spared bad press for earnings over the last 2 years. They threw Chapek under the buss. murica

Yep keep on tanking

Question! How do we have all the votes for the house counted in AZ but not the senate or governor Is it not all on one ballot? Or is this proof of…..?

Bye bye 😂😆

iran need help 🆘🆘🆘🆘🆘🆘

WHOA didn't see that coming at all. Will Disney go back to being a giant again post phase 4

Disney+ is terrible. Disney Stock price is down 50% from last year.

karaswisher you predicted this!

Disney 'Look at my bobs'.

A few hours before the soccer match between Mullah's team and England civilians are being killed by IRGC They were in a funeral burrying 2 victims of yesterday's attacks Javanrood and Piranshahr experiencing the same Massacre that happened in Mahabad the other day unhrcpr

Islamic republic is killing people in Javanrud. People are in danger. They are shooting people with war bullets. Do something for Iran. IranReveloution MahsaAmini مهسا_امینی

Because of their wokeness, I will never watch anything from Disney again

Groomers

he's hot

I do not trust Disney content around my children. I am not sure I ever will again. Also, Star Wars and Marvel movies are unwatchable now.

Oh no. I hope they continue remaking every classic Disney film replacing the white characters with black ones until they’ve redone every film. Seeing Ariel replaced with Blariel makes me so happy. I was looking forward to Snow Black.

Maybe Bob can fix the mess the Bob created at this once good company

Bring back ESPNDRadio! And bring it back to SIRIUSXM! ESPN_JorgeRamos delvalle_ESPN poeta_LeoVega SalazarOmarO MASANTI_BMSPlus pereyraespn

So is he going to save Disney from these wokiness?

Shocking developments? Nah, they know about how they mistreated JohnnyDepp and they need to fix all the situation. RobertIger 💰 plus 🦙🦙🦙= 🏴‍☠️🌺 if not NoJohnnyNoPirates =💰💰 📉

Isnt Iger to CCP sack licker?

Go woke. Go broke

Hmmm... didn't see this coming at all. 🙄

GeoffRBennett I really want Michael Eisner if we’re gonna do a reboot…

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines