Disney names new CEO to replace Bob Iger immediately

February 25, 2020 - 4:12 pm

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.

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