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NEWS
Bob Chapek named new Disney CEO as Iger steps aside
POSTED 26 Feb 2020 . BY Andy Knaggs

Bob Iger has built Disney into the most admired and successful media and entertainment company
– Bob Chapek
Disney CEO Bob Iger has stepped down from the role to concentrate on directing the company's creative output, with Disney veteran Bob Chapek taking the reins at the head of the organisation.

Iger's contract with Disney expires at the end of 2021, and as well as overseeing its creative endeavours, he will also assume the role of executive chair, leading the board of directors until that time. Stepping down now also allows him to help Chapek settle into the CEO position under his guidance, with Chapek promoted from his role as chair of Disney Parks, Experiences and Products.

Speaking on an investor conference call, Iger said that on the back of the acquisition of Fox media assets and launching the Disney+ direct-to-consumer business, it was important to spend as much time as possible on the creative side, which "becomes the biggest priority". He felt he was unable to do so while running the business on a day-to-day basis.

In the company's press release, Iger paid tribute to Chapek as having proven himself "exceptionally qualified" to lead Disney. He said: "Throughout his career, Bob has led with integrity and conviction, always respecting Disney's rich legacy while at the same time taking smart, innovative risks for the future."

Chapek said he was "honoured and humbled" to lead "the greatest company in the world". He continued: "Bob Iger has built Disney into the most admired and successful media and entertainment company, and I have been lucky to enjoy a front-row seat as a member of his leadership team.

"I share his commitment to creative excellence, technological innovation and international expansion, and I will continue to embrace these same strategic pillars going forward. Everything we've achieved so far serves as a solid foundation for further creative storytelling, bold innovation and thoughtful risk-taking."

During Chapek's tenure as chair of Disney Parks, Experiences and Products, he has overseen the opening of Disney's first theme park and resort in mainland China, the creation of the new Star Wars: Galaxy's Edge lands at Disneyland and Walt Disney World, and the addition of Marvel-inspired attractions around the world.

Disney said it had considered candidates from both within and outside the organisation to replace Bob Iger, but Chapek was the unanimous choice. It added that a new head of Disney Parks, Experiences and Products will be named in the future.
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Jobs    News   Products   Magazine
NEWS
Bob Chapek named new Disney CEO as Iger steps aside
POSTED 26 Feb 2020 . BY Andy Knaggs
Bob Iger has built Disney into the most admired and successful media and entertainment company
– Bob Chapek
Disney CEO Bob Iger has stepped down from the role to concentrate on directing the company's creative output, with Disney veteran Bob Chapek taking the reins at the head of the organisation.

Iger's contract with Disney expires at the end of 2021, and as well as overseeing its creative endeavours, he will also assume the role of executive chair, leading the board of directors until that time. Stepping down now also allows him to help Chapek settle into the CEO position under his guidance, with Chapek promoted from his role as chair of Disney Parks, Experiences and Products.

Speaking on an investor conference call, Iger said that on the back of the acquisition of Fox media assets and launching the Disney+ direct-to-consumer business, it was important to spend as much time as possible on the creative side, which "becomes the biggest priority". He felt he was unable to do so while running the business on a day-to-day basis.

In the company's press release, Iger paid tribute to Chapek as having proven himself "exceptionally qualified" to lead Disney. He said: "Throughout his career, Bob has led with integrity and conviction, always respecting Disney's rich legacy while at the same time taking smart, innovative risks for the future."

Chapek said he was "honoured and humbled" to lead "the greatest company in the world". He continued: "Bob Iger has built Disney into the most admired and successful media and entertainment company, and I have been lucky to enjoy a front-row seat as a member of his leadership team.

"I share his commitment to creative excellence, technological innovation and international expansion, and I will continue to embrace these same strategic pillars going forward. Everything we've achieved so far serves as a solid foundation for further creative storytelling, bold innovation and thoughtful risk-taking."

During Chapek's tenure as chair of Disney Parks, Experiences and Products, he has overseen the opening of Disney's first theme park and resort in mainland China, the creation of the new Star Wars: Galaxy's Edge lands at Disneyland and Walt Disney World, and the addition of Marvel-inspired attractions around the world.

Disney said it had considered candidates from both within and outside the organisation to replace Bob Iger, but Chapek was the unanimous choice. It added that a new head of Disney Parks, Experiences and Products will be named in the future.
RELATED STORIES
Disney predicts US$280m hit from coronavirus outbreak


Disney has predicted that the coronavirus outbreak will cost its parks division an estimated US$280m (€253.9m, €253.8m, £214.5m) after the operator shut down both its Shanghai and Hong Kong resorts as a result of the quickly-spreading virus.
Disney reveals high-flying Spider-Man animatronic stunt robot for Avengers Campus


Disney's new Spider-Man attraction, coming to Disney's California Adventure later this year, will feature a world-first, with an animatronic version of the web-slinger set to perform live-action stunts in the new Avengers Campus.
Disney's iconic Star Tours attraction gets Rise of Skywalker update


Disney has updated its Star Tours attraction to include new destinations and sequences from its latest release – Star Wars: The Rise of Skywalker.
Disney reaping rewards for park investments, says Bob Iger


Disney chair and CEO Bob Iger has revealed that the company’s investments into its theme parks and resorts division has paid off, with substantial increases in popularity as a result.
MORE NEWS
Universal's Epic Universe set to open in 2025
Building work on Universal's Epic Universe – a new theme park at the Universal Orlando Resort in Florida, US – is advancing and the park is set to open to visitors in 2025.
Seventh International Museum Construction Congress to be held in Norway this year
The International Museum Construction Congress (IMCC) will take place in the Norwegian capital city, Oslo, from 6 to 8 November 2022.
The 'world's most anticipated museum' to finally open this year
The Grand Egyptian Museum is set to finally open its doors after a design and construction project which has taken more than 20 years to complete.
Horniman Museum to return 72 looted artefacts to Nigeria
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TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
Triotech

Triotech was established in 1999. The company is based in Montreal, Canada and has additional offi [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
+ More profiles  
FEATURED SUPPLIER

Attractions industry to reunite this September at IAAPA Expo Europe in London
For the first time in more than a decade, industry leaders from across the global attractions industry will once again gather in London as part of the annual IAAPA Expo Europe, the sector’s premier international event. [more...]
VIDEO GALLERY

Red Raion TV - Testimonial: Leolandia
When you work in the Attractions Industry, there’s nothing better than seeing that dreamy look in the eyes of the people who have just tried your attraction. Find out more...
More videos:
ProSlide's all-in-one waterplay entertainment center – Proslide Tech Inc
Keynote | Moby Dick - Friends to the rescue! – Red Raion
IAAPA Expo Europe Promo – International Association of Amusement Parks and Attractions (IAAPA)
+ More videos  

CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

03-04 Sep 2022

HEALING SUMMIT 2022 - The Healing of Everything

Pine Cliff Resort, Portugal
27-29 Sep 2022

International Congress on Thermal Tourism

Ourense, Ourense, Spain
+ More diary  
 


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Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2022

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