Business Standard

When Disney decided to dump its CEO Bob Chapek, the change happened fast

While Chapek's rise to the CEO spot in February of 2020 came as a surprise to many, his departure this week was even more shocking

Bob Chapek, chief executive officer of Walt Disney Co., speaks during the reopening of the Disneyland theme park in Anaheim, California, US. (Photo: Bloomberg)
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Bob Chapek, chief executive officer of Walt Disney Co., speaks during the reopening of the Disneyland theme park in Anaheim, California, US. (Photo: Bloomberg)

Thomas Buckley | Bloomberg
Bob Iger was adamant that he was done.
 
On the evening of Nov. 5, the former chief executive officer of Walt Disney Co. dined alongside Hollywood royalty at a gala hosted by the Los Angeles County Museum of Art. His retirement stubble was on show at the black-tie affair, and when asked between courses of beef tortellini and steamed cod whether he missed being CEO of the world’s largest entertainment company, Iger answered emphatically: “No.”

Elsewhere in the Disney empire, however, loyalists were missing him. Within days, Iger would be back at the helm of the company he ran for

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First Published: Nov 22 2022 | 9:05 AM IST

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