DISNEY SHAKE-UP: BOB (PAYCHECK) CHAPEK OUT – BOB (PAPPA) IGAR BACK!
Holy guacamole! After less than a year in retirement, Bob Igar has returned as the CEO of the Walt Disney Company. As Chapek gets bounced!
The company’s board has sent out a notice that Bob I. is back and the recently re-upped Bob Chapek is out on his arse. . “I am deeply honored to be asked to again lead this remarkable team, with a clear mission focused on creative excellence to inspire generations through unrivaled, bold storytelling,” Iger wrote tonight in an email to staffers.
Having handed over the baton as CEO in February 2020 to Chapek — a stunning move unto itself at the time — and then serving as executive chairman until the end of 2021, Iger will be CEO for a second time for the next two years, the company says. His mission will also include identifying a successor, something Iger had difficulty doing while commanding the troops the last time, postponing multiple plans to step down during his 15 years in the top job, the final stage of a 47-year run at Disney.
