The Walt Disney Company announced this “immediate” return and for a period of two years Robert A. Iger as CEO of the multinationala position he held for 15 years and which he left in early 2020 in the hands of Bob Chapek, who has resigned from that position.
In this way, Iger has agreed to take over the reins of the company for two years with the mandate of Set Disney’s strategic direction for renewed growth and work closely with the board “in developing a successor to lead the company at the end of his tenure.”
Last June, the Disney board of directors resolved to extend Bob Chapek’s tenure as CEO by three yearswho took over management of the company in February 2020.
“We thank Bob Chapek for his service to Disney throughout his long career, including leading the company through the unprecedented challenges of the pandemic”said Susan Arnold, CEO.
“The Board has concluded that as Disney embarks on an increasingly complex phase of industry transformation, Bob Iger is at a disadvantageunique position to lead the company through this crucial time”added the directive.
Following his appointment, the historic Disney executive has underscored his “extreme optimism” about the future of the company. “I am deeply honored to have been asked to lead this extraordinary team with a clear mission focused on creative excellence to inspire generations through bold and unmatched storytelling,” he said.
During his 15 years as CEO, from 2005 to 2020, Bob Iger helped transform Disney into one of the… largest media and entertainment companies in the world, He led acquisitions of Pixar, Marvel, Lucasfilm and 21st Century Fox, which increased the company’s market capitalization fivefold during his tenure as CEO.