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Bob Chapek tipped as heir to Disney throne
POSTED 30 Nov 2017 . BY Tom Anstey
Disney's chief operating officer, Bob Chapek, has emerged as the favourite to make the step up when Bob Iger’s tenure as CEO ends in 2019.

Chapek, who has been with Disney for more than 20 years, was appointed COO in 2015, replacing Bob Iger’s then-successor Thomas Staggs who left Disney in April 2016.

Following Stagg’s departure, Iger extended his tenure at Disney until 2 July 2019, saying at the time that he would be working with the company’s board to “to identify a successor as CEO and ensure a successful transition”.

According to Bloomberg sources, Chapek is now viewed as the likely successor to Iger. While no formal decision has been made, Disney will need to finalise its plan soon, with just 19 months remaining before a new chief executive must take the helm.

During his Disney tenure, Chapek has served as president of Disney Consumer Products (DCP), overseeing franchise licensing, commercialisation, Disney Publishing Worldwide and the Disney Store.

Prior to that, he served as president of distribution for Walt Disney Studios and as president of Walt Disney Studios Home Entertainment. He has also worked in brand management for Heinz and in advertising at J Walter Thompson.

The incoming chief executive will be leading from a position of strength, with Disney’s recent earnings report showing growth for the fiscal year. The company’s Parks and Resorts division performed strongly, with revenues increasing eight per cent year-on-year to US$18.4bn (€15.8bn, £14bn), while profits were up 14 per cent to US$3.8bn (€3.3bn, £2.9bn).
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Jobs . News . Products . Magazine
NEWS
Bob Chapek tipped as heir to Disney throne
POSTED 30 Nov 2017 . BY Tom Anstey
Disney's chief operating officer, Bob Chapek, has emerged as the favourite to make the step up when Bob Iger’s tenure as CEO ends in 2019.

Chapek, who has been with Disney for more than 20 years, was appointed COO in 2015, replacing Bob Iger’s then-successor Thomas Staggs who left Disney in April 2016.

Following Stagg’s departure, Iger extended his tenure at Disney until 2 July 2019, saying at the time that he would be working with the company’s board to “to identify a successor as CEO and ensure a successful transition”.

According to Bloomberg sources, Chapek is now viewed as the likely successor to Iger. While no formal decision has been made, Disney will need to finalise its plan soon, with just 19 months remaining before a new chief executive must take the helm.

During his Disney tenure, Chapek has served as president of Disney Consumer Products (DCP), overseeing franchise licensing, commercialisation, Disney Publishing Worldwide and the Disney Store.

Prior to that, he served as president of distribution for Walt Disney Studios and as president of Walt Disney Studios Home Entertainment. He has also worked in brand management for Heinz and in advertising at J Walter Thompson.

The incoming chief executive will be leading from a position of strength, with Disney’s recent earnings report showing growth for the fiscal year. The company’s Parks and Resorts division performed strongly, with revenues increasing eight per cent year-on-year to US$18.4bn (€15.8bn, £14bn), while profits were up 14 per cent to US$3.8bn (€3.3bn, £2.9bn).
RELATED STORIES
Continuum teams up with The Void to immerse guests in world of Star Wars


UK attractions operator Continuum and free-roam VR company The Void are launching a Star Wars experience in London.
IAAPA 17: Disney legend Joe Rohde reveals secrets to storytelling with IPs


Veteran Walt Disney Imagineer Joe Rohde has revealed his secret to storytelling in theme parks, saying that to successfully utilise an IP, attractions creators must put visitors at the centre of their own immersive fantasy world.
IAAPA 2017: Creative force behind 'Star Wars: Galaxy's Edge' reveals details of immersive Disney project


Scott Trowbridge, the Disney Imagineer leading the creative vision for its Star Wars-themed projects, has revealed details of the operator’s planned Galaxy’s Edge lands, coming to California and Orlando in 2019.
Epcot overhaul in the works, says Chapek


Disney’s parks and resorts chair Bob Chapek has confirmed plans for a major overhaul of Walt Disney World’s Epcot theme park, starting with a new festival celebrating visual, culinary and performing arts to kick off in January.
MORE NEWS
Government focuses on regional growth, with launch of £20m culture fund
Britain's minister for arts, Michael Ellis, has launched a £20m fund for culture, heritage and the creative industries to benefit towns and cities across England.
MuseumNext Europe 2018: Don't deflect responsibility on the issue of diversity
Diversity was among the topics up for discussion at this year's MuseumNext conference in London, with Shaz Hussain, assistant curator at the London Science Museum, telling delegates not "deflect responsibility" on the issue.
National Geographic uses augmented reality to create world's first open-air planetarium in Canada
National Geographic has teamed up with augmented reality provider Aryzon to create the world's first open air planetarium, using AR to project images into the night sky for a unique stargazing experience.
Comcast bid rejected as Fox agrees new merger deal with Disney
The Disney/Fox merger is back on, after Fox accepted a larger Disney offer days after Comcast attempted to hijack the deal.
+ More news   
LATEST JOBS
Groups Sales and Marketing Executive
Royal Horticultural Society
Salary: Circa £25k depending on experience
Job location: Wisley, Woking, UK
Head of Commercial Operations
The Silverstone Experience
Salary: £50,000- 55,000 pro-rata per annum + benefits
Job location: Northamptonshire, UK
Chief Operating Officer
Brooklands Museum Trust Ltd
Salary: £60,000
Job location: Weybridge, Surrey, UK
Commercial Leisure Manager - Coastal Attractions
Denbighshire County Council
Salary: £41,846 — £44,697 (plus up to £8,000 relocation allowance)
Job location: Rhyl, UK
Theming Production Manager
Merlin Entertainments Group
Salary: Competitive
Job location: Staffordshire, UK
Fastrack and VIP Team Leader
Thorpe Park Resort
Salary: Competitive
Job location: Chertsey, UK
+ More jobs  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2018

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