Bob Iger back, Bob Chapek out, as Disney CEO ...Middle East

News by : (The Hill) -
Former Disney CEO Bob Iger is returning to head the entertainment giant, replacing his successor Bob Chapek. The surprise news comes days after Disney's stock hit a 52-week low, falling 41 percent so far this year. In a press release Sunday, Disney announced Chapek was stepping down and Iger will serve two additional years as the company's top executive. “We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” Susan Arnold, the company's board chair, said in a statement. Arnold added that Iger, who led Disney for 15 years before stepping down in 2020, has the "deep respect" of D

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