Disney fires Bob Chapek, taps ex-CEO Bob Iger to return, set strategy

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Disney fires Bob Chapek, taps ex-CEO Bob Iger to return, set strategy
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CHapek faced blowback earlier this year for not using the company’s vast influence in Florida to help quash a Republican bill that would prevent teachers from instructing early grades on LGBTQ issues.

The Walt Disney Company has tapped its former CEO Bob Iger to return to head the company for two years, firing his successor Bob Chapek in a move that stunned the entertainment industry.

Iger has the “deep respect of Disney's senior leadership team," she said. She added that he was “greatly admired by Disney employees worldwide." “I am deeply honored to be asked to again lead this remarkable team, with a clear mission focused on creative excellence to inspire generations through unrivaled, bold storytelling,” said Iger, who is 71.

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