Walt Disney's Iger steps down as CEO, parks head Chapek to take reins

  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 15%
  • Publisher: 97%

Bob Iger has stepped down as Disney CEO and handed the reigns of Hollywood's most powerful studio to Bob Chapek, the head of Disney Parks

United States Headlines News

United States Latest News, United States Headlines

) Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood’s most powerful studio.

“The company has gotten larger and more complex just in the recent 12 months,” Iger said on a conference call on Tuesday, citing its purchase of 21st Century Fox and launch of direct-to-consumer services such as Disney+ last year. Chapek, who will be the seventh CEO in the company’s nearly 100-year history, has most recently served as the chairman of Disney Parks, Experiences and Products. Chapek will report to Iger.

In Chapek’s new role, which is effective immediately, the company said he will directly oversee all of Disney’s business segments and corporate functions.

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:

 /  🏆 2. in US
 

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

The word you are looking for is

Reins not reigns. Are there no editors up this late?

The Bobs are just doing a little 'downsizing.'

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bob Chapek named Walt Disney Co. CEO, replacing Bob IgerThe change is effective immediately, the company said. Iger assumes the role of Executive Chairman and will direct the company’s creative endeavors. Hey latimes you're going to get the scoop right now ready remember when I called in 08 during that achoo crisis moment So they labeled me trader for protecting our family now DoD is about to give me my official separation date I'll see U after my graduation GodBlessAmerica SquirrelWestend Well...there’s a guy who never needs to work another day.
Source: latimes - 🏆 11. / 82 Read more »

Bob Iger Abruptly Steps Down As Disney CEOBob Chapek, who recently led the parks and products division, has been named Iger’s replacement. RonanFarrow ? And Pondering Entering the Nomination Race for the Socialist Nomination 🇺🇸🇺🇸🇺🇸 What now
Source: Forbes - 🏆 394. / 53 Read more »

Bob Iger steps down at Disney, Bob Chapek named new CEODisney’s CEO succession plan has been the subject of speculation for years as Bob Iger delayed plans to leave the company Other execs who were rumored as potential successors included Fox TV exec Peter Rice & Disney direct-to-consumer chairman Kevin Mayer
Source: latimes - 🏆 11. / 82 Read more »

Bob Iger Steps Down as Disney CEO, Bob Chapek Takes OverAfter nearly 15 years and one of Disney's most successful periods in company history, Bob Iger is stepping down effective immediately What’d he do? You don’t just walk away from that sweet, sweet mouse money. Who cares
Source: RollingStone - 🏆 483. / 51 Read more »

Bob Iger Steps Down as Disney CEOBob Iger is out as Disney CEO, in a sudden and shocking departure. Huh?
Source: PasteMagazine - 🏆 392. / 55 Read more »

Questions Remain for Disney Plus, Hulu Amid Iger-Chapek CEO TransitionIn a surprise announcement, Bob Iger said he was stepping down as Disney’s chief exec citing “the successful launch of Disney’s direct-to-consumer businesses” as one reason for th… This article really didnt say much what questions he is taking over im sure Iger discussed his plans Phase 4 and the 2022 Star Wars film is likely still happening
Source: Variety - 🏆 108. / 63 Read more »