Companies > Media

Here's what you need to know about Disney's CEO reshuffle

1 month ago   |   By Tech Crunch

Disney sent a shock wave through the media industry yesterday upon stock market closing, announcing the immediate shift of its longtime CEO Bob Iger to an Executive Chairman role. Iger said he will leave the company at the end of his current contract on December 31, 2021 and use his remaining time overseeing creative decision-making on the media side. Bob Chapek, previously head of Disney's parks, experiences and products division, is the company's new CEO.
Here's what TechCrunch readers need to know about this story:
Context on Iger: As Disney's leader since 2005, Iger has been widely...
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Disney's new CEO Bob Chapek has big shoes to fill

1 month ago   |   By Fortune

I first interviewed Bob Iger in 2014 , while working on a profile of the long-time Disney CEO for Fortune.
“I hate that guy,” a Hollywood agent friend of mine said when I told him I was writing about Iger.
“Why?” I asked, puzzled. From everything I knew about him, Iger didn't seem like the type of CEO to elicit such a hostile reaction.
“He's just so damn perfect .”
Iger isn't and wasn't perfect-obviously. But up until this week's abrupt announcement that he was stepping down from the top job, he had led Disney through an impressive, 15-year run, both creatively and financially. Iger...
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The great CEO exodus of 2020

1 month ago   |   By Fortune

Tuesday, Feb. 25 should be officially named “The Day of the
CEO Departure.”
First, the abrupt departure of Disney CEO Bob Iger shocked the business world.
On Tuesday, the long-time chief executive officer of the
Walt Disney Co. announced he is stepping down after 15 years at the helm, effective immediately. Bob Chapek, whose last position was heading up Disney's parks, experiences, and products division, will succeed Iger in the top job.
Iger will stay on as chairman of the board until his contract expires at the end of 2021.
As my colleague Michal Lev-Ram put it , “Bob Iger's departure...
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Disney shares down 2% after 'surprise' CEO change

1 month ago   |   By Reuters

Shares of Walt Disney Co fell 2% on Wednesday after the media giant's surprise move to replace top boss Bob Iger raised questions on Wall Street if his successor Bob Chapek had sufficient experience in the entertainment business.
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5 things to know about Disney CEO Bob Chapek, Bob Iger's surprise successor

5 things to know about Disney CEO Bob Chapek, Bob Iger's surprise successor

1 month ago   |   By Business Insider

Disney CEO Bob Iger announced on Wednesday that Bob Chapek will succeed him, effective immediately.
Chapek, who has worked at Disney for 27 years, went on family vacations to Walt Disney World as a child.
As president of consumer products, he focused on franchises and technology and pioneered new forms of distribution.
While in charge of Disney's parks, he opened Shanghai Disney Resort and introduced the "Star Wars: Galaxy's Edge" land.
Visit Business Insider's homepage for more stories .
Disney CEO Bob Iger made the surprise announcement on Wednesday that Bob Chapek will succeed him...
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