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.

What motivated the board to bring Bob Iger back as CEO?

What is one of the key mandates given to Bob Iger upon his return?

What challenges did Bob Chapek face during his tenure as CEO?

How has Bob Iger's previous leadership impacted Disney's growth?

What are the expected outcomes of Iger's return for Disney's stock?