author: Bart Swiatek
Disney's Got New CEO; Bob Iger Leaves After 15 Years
Bob Iger, who has been the CEO of Disney for the last fifteen years, has decided to resign from his post with immediate effect. His place will be taken by Bob Chapek, the former head of the theme parks, experience and product department.
IN A NUTSHELL:
- Bob Iger has resigned as the CEO of Disney;
- The new head of the company is Bob Chapek, who was previously responsible for the theme parks, experience and product division;
- Until the expiration of the contract in December next year, Bob Iger will serve as Executive Chairman.
Bob Iger, CEO of Disney, has decided to resign from his position with immediate effect. His place will be taken by Bob Chapek, who has so far been responsible for the theme parks of the company. The current head of Disney will serve as the so-called executive chairman until the end of 2021. The information was provided in a press release, which was published, among others, by Business Insider.
"With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO. I have the utmost confidence in Bob and look forward to working closely with him over the next 22 months as he assumes this new role and delves deeper into Disney’s multifaceted global businesses and operations, while I continue to focus on the Company’s creative endeavors," Iger said.
Bob Chapek's successor as CEO of theme parks, experience and products department is not yet known.
"I am incredibly honored and humbled to assume the role of CEO of what I truly believe is the greatest company in the world, and to lead our exceptionally talented and dedicated cast members and employees. Bob Iger has built Disney into the most admired and successful media and entertainment company, and I have been lucky to enjoy a front-row seat as a member of his leadership team. I share his commitment to creative excellence, technological innovation and international expansion, and I will continue to embrace these same strategic pillars going forward. Everything we have achieved thus far serves as a solid foundation for further creative storytelling, bold innovation and thoughtful risk-taking," said the new president.
Bob Iger was Disney's president for fifteen years. Under his leadership, the company has achieved numerous successes - just look at the results of Marvel Cinematic Universe at the Box Office. Of course, not everything went perfectly - for example, it was certainly possible to make better use of the Star Wars brand, which spawned far too much unnecessary controversy in recent years. It remains to be hoped that Bob Chapek will be able fit his new role.