Disney Brings Back Iger as CEO, Ousts Chapek

Disney's board has reinstated Bob Iger as CEO to navigate the company through financial challenges and industry transformation. Iger, who previously led Disney to significant growth, is tasked with reversing the decline in Disney's shares and setting a strategic direction for renewed growth. Bob Chapek, Iger's successor, is stepping down, and the board has expressed gratitude for his leadership during the pandemic. Iger's return is expected to positively impact the market, leveraging his experience and relationship with the board to address current challenges, including those faced by Disney Plus.

Why did Disney's board decide to bring back Bob Iger as CEO?

• To maintain the status quo

• To navigate a complex industry transformation

• To reduce company expenses

• To expand into new markets

What is one of Bob Iger's main tasks upon his return to Disney?

• To close down Disney Plus

• To increase the number of Disney stores

• To reverse the decline in Disney's share prices

• To launch a new theme park

What was Bob Chapek's role before becoming CEO?

• Head of Disney Plus

• Head of the Parks division

• Chief Financial Officer

• Head of Marketing

What is Bob Iger known for during his previous tenure at Disney?

• Closing theme parks

• Selling Disney's assets

• Reducing the workforce

• Launching Disney Plus

What is the expected impact of Bob Iger's return on Disney's market performance?

• A boost in share prices

• No change in market performance

• A decrease in market competition

• A decline in share prices