Disney names new CEO to replace Bob Iger immediately
SAN FRANCISCO, CA - OCTOBER 09: The Walt Disney Company Chairman and CEO Bob Iger speaks onstage during "From 7 Dwarves to 140 Characters" at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 9, 2014 in San Franci
NEW YORK (AP) - The Walt Disney Co. has named Bob Chapek CEO, replacing Bob Iger, effective immediately.
Iger will become executive chairman. Chapek was most recently chairman of Disney Parks, Experiences and Products.
Iger will remain chairman through the end of his contract Dec. 31, 2021.