Disney boots CEO, brings back Bob Iger to lead company

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AFP

New York (AFP) – Disney ousted chief executive Bob Chapek on Sunday and announced that it had brought back former CEO Bob Iger to once again take the reins. The change, a dramatic turn of events for one of the largest media conglomerates in the world, was effective immediately, Disney said in a statement. “We thank Bob Chapek for his service to Disney over his long career,” Susan Arnold, chair of Disney’s board, said. The board of directors decided that as the company “embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead.” Chapek spent two…

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