BREAKING: Somehow, Bob Iger has returned! Iger returns as Disney CEO as Bob Chapek exits.
In a shocking announcement late Sunday night, Disney has revealed that CEO Bob Chapek is officially out and set to be replaced by former CEO Bob Iger, who retired from the position just two years ago. Disney's board sent out an official announcement noting the swap without elaborating too much on Chapek's exit and establishing that Iger, who worked for Disney for over 40 years, has agreed to return as CEO for two years.
Iger continued, saying "I am in awe of your accomplishments and I am excited to embark with you on many new endeavors." Over the past three years, between dealing with the pandemic and Chapek's questionable leadership, Disney employees both behind the scenes and in the parks have been through a lot. Iger's reinstatement is an exciting first step back towards optimism and faith in the future of the company.
RELATED: ‘Mickey: The Story of a Mouse’ Review: Fascinating Look at an Icon That Tries to Avoid the Problems of the Past “We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” said Susan Arnold, Chairman of the Board. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”
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