food IS a theme park
When Bob Iger suddenly announced he was stepping down from Disney’s Chief Executive Officer, the news came as a surprise to many.
Bob Iger
It’s true that we already knew Iger had plans to retire in 2021, but why was he calling it quits so early?
With the tough decision to close Disney World and Disneyland until further notice and postpone all Disney Cruise Line sailings until after April 28th, The Walt Disney Company’s ability to generate revenue is taking a big hit right now.
Sleeping Beauty Castle in Disneyland
And while Disney has promised its Cast Members paychecks until April 18th, the Walt Disney Company’s CEO Bob Chapek and former CEO Bob Iger have announced they’ll be taking a large reduction in salary.
We’ve been hard at work in the parks scoping out all the latest news for you! First, a few things to remember…
Rubber Duck BB Just Chillin’
We have a lot to share with you this week, so let’s jump right in…
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.
At last Thursday’s Walt Disney World investors’ event, Disney CEO and Chairman Bob Iger announced that he will leave the company when his current contract expires in 2021.
Bob Iger
He had previously planned to step down in 2018, but his contract was subsequently extended twice (once in March 2017 and again in December 2017). [Read more…]
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