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Bob Iger is Moving into a Higher Position at Disney
Iger is stepping down as CEO, and stepping up his power and influence
Yesterday, Disney announced that Bob Iger would be stepping down as CEO of The Walt Disney Company, allowing Bob Chapek to take his place effective immediately.
Stepping down isn’t really the right word though, since Bob Iger is stepping up into the brand new self-appointed position of ‘Executive Chairman.’
Iger has been running Disney as CEO for 15 years, a length that would seem an eternity at most companies, but a standard length for a CEO at Disney.
Chapek will now undertake the CEO role underneath the new Executive Chairman, who will undoubtedly still be calling all the shots.
Iger has previously mentioned that the CEO job is very demanding, so he’ll undoubtedly take this new job as an opportunity to take more time off work. He’ll be leaving the day to day operation of Disney to Chapek, while making sure to be there for critical decisions, future acquisitions, and government dealings.
