Robert A Iger will step down as chief executive of The Walt Disney Co after 15 years at the helm of the company, Disney said on Tuesday.
Published : 26 Feb 2020, 02:51 AM
He will be replaced by Bob Chapek, who has most recently served as chairman of Disney’s parks business.
Iger, 69, will take on the role of executive chairman — and direct Disney’s creative endeavours — to ensure a smooth transition through the end of his contract on Dec 31, 2021.
Disney shares dropped 3% in after-hours trading.
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