According to CNBC, Bob Iger has JUST stepped down from his role as Disney CEO.
Bob Iger
Iger will be assuming a new role of executive chairman, a position he will remain in through the end of 2021.
Effective immediately, Bob Chapek, who most recently served as chairman of Disney parks, as well as experiences and products, has assumed the role of CEO for Disney.
Bob Chapek
Here is the official statement from Iger himself, “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,” Mr. Iger said. “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.” You can read the FULL statement here.
Disney will host an investor conference call at approximately 4:30 p.m. EST today. To listen to the live webcast, please visit disney.com/investors. Iger will also discuss his succession with on CNBC with Julia Boorstin at 5:30 PM Eastern Time! We’ll let you know more details on this breaking story as further details are released!
Join the DFB Newsletter to get all the breaking news right in your inbox! Click here to Subscribe!
Don't Miss Out on Any Disney Fun!
Order Your Copy of the 2021 DFB Guide to Walt Disney World Dining Today!
With more than 750 pages, the 2021 DFB Guide to Walt Disney World Dining is full of tips and planning tools developed by Disney World experts over 30+ years of visits. We've done the research for you, so you'll know just which spots will uniquely suit your family's needs!
With mini-reviews of every single restaurant, bar, lounge, kiosk and more; an entire chapter on the best snacks in Disney World; full Disney Dining Plan analysis (and how to get FREE dining); and a full chapter on discounts and deals; you'll have everything you need to plan your best vacation yet.
Click here to order your copy of the 2021 DFB Guide to Walt Disney World Dining E-book with code WDW2021 to save 25% off the cover price today!
Use code WDW2021 at check-out for 25% off the cover price today!
Our guides are backed by a 100% money-back guarantee, so you have nothing to lose. 🙂
What do you think of Bob Iger’s sudden decision to step down from his role as Disney CEO? Share your thoughts with us in the comments below!
TRENDING NOW
A DFB favorite is back! Read our full review of dinner at 'Ohana here!
We asked YOU to see which Disney World restaurants are underrated and overrated! See what...
There's no denying that Disney World has come up with some incredible snacks over the...
Dates for the 2021 Festival of the Holidays have been announced! Check out all the...
We're trying out the NEW menu at Westward Ho in Magic Kingdom! Check out whether...
Recipe for Trenette al Pesto from Pixar's movie Luca.
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
Subscribe via RSS
Subscribe via email
Very disappointed to hear he stepped down. My stock finally grew under his control and he’s seems to have true concern for the DISNEY brand and it’s people.