Bob Iger To Return As Disney CEO Months After Saying He "Can't Go Home Again"

The Walt Disney Company has undergone a big shakeup, as current CEO Bob Chapek is stepping down, effective immediately, with longtime former CEO Bob Iger returning to be CEO again.

According to The New York Times, Chapek was determined to have done "irreparable damage to his ability to lead, with a string of missteps resulting in the lost confidence of Wall Street and most senior Disney executives, as well as many rank-and-file employees."

As CEO, Iger oversaw the acquisition of companies like Marvel, Pixar, and Lucasfilm; most recently, he led the buyout of Fox's entertainment business. He was one of Walt Disney's most successful CEOs and one of the most celebrated and influential executives across the wider media landscape.

Continue Reading at GameSpot

from GameSpot - All Content https://ift.tt/0q68yVH
via IFTTT

Share This:

Facebook Twitter Pinterest Linkedin Whatsapp Whatsapp

About Update Technology

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.