Inside the Disney drama as CEO Bob Iger returns, replacing protege Bob Chapek
The change comes as Disney contends with mounting financial challenges and likely layoffs in 2023. In one of the most dramatic reversals in corporate history, the Walt Disney Co.
Here's a rundown of what led to the change at the top of one of America's most beloved companies and the challenges that lie ahead for Iger in what was announced to be a two-year tenure, fromWhat went wrong under Chapek and how Iger's return happened Iger's return cut short the tenure of his protege Bob Chapek, who had spent less than three years in the role. Insider reported that Disney executives had complained to the company's board about Chapek's leadership.
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