 "Robert Iger to step down as Walt Disney chief executive officer today")
Walt Disney Co on Tuesday said Robert Iger will step down as chief executive officer, to be replaced by Bob Chapek, effective immediately.
Chapek, who will be the seventh CEO in the company's nearly 100-year history, has most recently served as the chairman of Disney Parks, Experiences and Products.
Iger will continue in the role of chairman through the end of his contract on Dec. 31, 2021, Disney said.
Iger, who has been CEO since 2005, has led the company through the development and launch of its Disney+ streaming service, which launched in November to demand that exceeded company expectations.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%