Bob cap, head of division Disney, responsible for the development of theme parks and consumer products of the company, replaced Bob Iger as CEO A published press release said that Iger will continue to serve as Disney’s executive chairman and will focus on the studio’s creative activities until the end of the current contract, which expires at the end of 2023.
“After the successful launch of the Disney consumer-oriented business and the merger with 21st Century Fox, I believe that the time has come to move to the new CEO. I fully trust Bob and look forward to working closely with him over the next 22 months,” when he takes this new position and delves into Disney’s multifaceted global campaigns and operations, while I continue to focus on creative efforts, “Iger said in a statement.
Chapek is a veteran with 27 years of experience in the company. He became the seventh CEO in the nearly 100-year history of Disney.
As for Iger, it was during his 15-year reign that Disney achieved all the significant successes and took the leading position in the market. Under his leadership, the company acquired the studios Marvel, Pixar, Lucasfilm and 21st Century Fox, received a controlling stake in Hulu, and also successfully launched its own streaming service Disney +.
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