Disney announces ex-CEO Bob Iger to return for 2 years

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Disney announces ex-CEO Bob Iger to return for 2 years
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The Walt Disney Company announced late Sunday that former CEO Bob Iger would return to head the company for two years in a move that surprised the entertainment industry.

FILE - Robert Iger arrives at the world premiere of"Star Wars: The Rise of Skywalker," in Los Angeles, on Dec. 16, 2019. The Walt Disney Company announced late Sunday, Nov. 20, 2022, that former CEO Iger, would return to head the company for two years in a surprise move. The statement said Bob Chapek, who succeeded Iger in 2020, had stepped down from the position.

Arnold thanked Chapek for his service, including his time during “the unprecedented challenges of the pandemic.” Iger steered Disney through its absorption of Lucasfilm, Pixar, Marvel and Fox’s entertainment businesses and the launch of Disney Plus.Iger led Disney for 15 years before stepping down in 2020.

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