Bob Iger Is Named CEO of Disney, Sending Shockwaves Through the Industry
Bob Iger Is Named CEO of Disney, Sending Shockwaves Through the Industry

Bob Iger Is Named CEO of Disney, , Sending Shockwaves , Through the Industry.

Iger's return to Disney's leadership role was announced on Nov.

21.

Bob Chapek, whom Iger replaces, will reportedly step down immediately.

We thank Bob Chapek for his service to Disney over his long career, , Susan Arnold, Chairman of the Board for Disney, via CNN.

... including navigating the company through the unprecedented challenges of the pandemic, Susan Arnold, Chairman of the Board for Disney, via CNN.

The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, , Susan Arnold, Chairman of the Board for Disney, via CNN.

... Bob Iger is uniquely situated to lead the Company through this pivotal period, Susan Arnold, Chairman of the Board for Disney, via CNN.

Investors seemed to appreciate the move, as Disney shares increased by nine percent following the announcement.

Chapek's controversial tenure as Disney CEO was marked by a forced apology to employees for his silence on a state bill restricting LGBTQ topics in FL classrooms. Speaking to you, reading your messages, and meeting with you have helped me better understand how painful our silence was, Bob Chapek, Former Disney CEO, via CNN.

Iger, on the other hand, spoke out publicly against the bill.

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To me, it wasn’t about politics.

It is about what is right and what is wrong, and that just seemed wrong.

It seemed potentially harmful to kids, Bob Iger, Returning Disney CEO, via CNN.

Iger released an optimistic statement about returning to Disney as CEO.

I am extremely optimistic for the future of this great company and thrilled to be asked by the Board to return as its CEO, Bob Iger, Returning Disney CEO, via CNN.

[I am] deeply honored to be asked to again lead this remarkable team, with a clear mission focused on creative excellence to inspire generations through unrivaled, bold storytelling, Bob Iger, Returning Disney CEO, via CNN