Bob Iger will return to replace his handpicked successor, CEO Bob Chapek. The stunning development comes two weeks after Disney's quarterly financial performance fell well short of Wall Street expectations.
BURBANK, Calif. — Bob Iger, the enterprising entertainment executive who brought Star Wars, Pixar and Marvel under the Disney marquee and challenged the streaming dominance of Netflix, will replace his handpicked successor, CEO Bob Chapek, whose two-year tenure has been marked by clashes, missteps and a weakening financial performance.fell well short of Wall Street expectations on both profit and revenue, a rarity, sending shares tumbling 12%. Shares of The Walt Disney Co.
“It is with an incredible sense of gratitude and humility—and, I must admit, a bit of amazement—that I write to you this evening with the news that I am returning to The Walt Disney Company as Chief Executive Officer,” Iger, 71, wrote in an email to employees.The tumult atop Disney came quickly with reports that Iger was first approached by board members about a possible return Friday.
That transition was anything but smooth and on Sunday, Iger agreed to a two year contract to redirect Disney's trajectory and to help find a new chief executive.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bob Iger named Disney CEO again, replacing Bob Chapek, in a shock to Hollywood | CNN BusinessBob Iger, one of the most successful CEOs in the history of The Walt Disney Company, is returning to once again run the media empire. It's a shocking development at Hollywood's biggest company.
Weiterlesen »
Bob Chapek out as Disney CEO, Bob Iger returnsAfter a tumultuous two and a half years, Bob Chapek, the embattled CEO of the Walt Disney Co., has stepped down from the role, the company announced.
Weiterlesen »
Disney stuns as Bob Iger returns as CEO, replacing Bob ChapekDisney announced on Sunday that Bob Iger would return to be the company's CEO for two years, replacing outgoing Bob Chapek.
Weiterlesen »
Disney fires Bob Chapek, taps ex-CEO Bob Iger to return, set strategyCHapek faced blowback earlier this year for not using the company’s vast influence in Florida to help quash a Republican bill that would prevent teachers from instructing early grades on LGBTQ issues.
Weiterlesen »
Shakeup At Disney: Bob Chapek Is Out, Bob Iger Is Back InA massive shakeup has occurred at Disney. At the beginning of 2020, the news came that Bob Iger was retiring and Bob Chapek would be taking over. That probably seemed like a good idea at the beginning of 2020, but a month later, the pandemic hit, and even the biggest company in the world has a […]\n
Weiterlesen »
With Shareholder Value Plummeting, Disney Ousts Bob Chapek To Bring Bob Iger BackICYMI Sunday night, there was huge news in the entertainment world. Just months after he ousted a popular top executive, Disney's Bob Chapek got a surprise of his own...
Weiterlesen »