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Bob Iger returning to Disney as CEO for two years

Bob Iger returning to Disney as CEO for two years

Monday, November 21st, 2022 8:01am

By Reuters

Walt Disney Company Board of Directors appoints Robert Iger as Chief Executive Officer

Iger, who retired from Disney at the end of last year after 15 years as Chief Executive, has agreed to serve as CEO for two more years, the statement said. He will replace Bob Chapek, who took over as Disney CEO in February 2020.

While Chapek steered Disney through the COVID-19 pandemic, Disney disappointed investors this month with an earnings report that showed continued losses at its streaming media unit.

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