Chapek Out, Iger Returns as Disney CEO

12 days ago TheStreet

Chapek will be replaced by his predecessor, long-time Disney CEO Robert Iger who previously spent over 15 years in the top job. The change in leadership is being framed as Chapek "stepping down from the position," according to a Disney press release. Iger also oversaw Disney acquiring 21st Century Fox, a move that put "The Simpsons" under the Disney umbrella while also giving it ownership of the "Avatar" franchise. “I am extremely optimistic for the future of this great company and thrilled to be asked by the Board to return as its CEO,” Iger said. Iger formally left Disney last December, having already ceded the CEO chair.
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