Walt Disney appoints Bob Iger as CEO, replacing Bob Chapek

Bob Iger is the former chairman and CEO of Disney.


photo:

Jordan Strauss/Associated Press

Walt Disney Co.

DIS 0.38%

The board of directors on Sunday night replaced CEO Bob Chapek with Robert Iger, the company’s former chairman and CEO who left the company at the end of last year, according to a company announcement.

“The board concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely positioned to lead the company through this pivotal period,” Susan Arnold, Disney’s chairman, said in a statement.

“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” she added.

Write to Robbie Whelan c [email protected]

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