Bob Iger Steps Down as CEO of Disney, Named Executive Chairman Through 2021

Disney Parks chairman Bob Chapek assumes CEO role immediately

Longtime Disney CEO Bob Iger will step down from the helm of the media and entertainment giant but will remain at the company as executive chairman through the end of 2021, the company said today. Bob Chapek, who most recently served as the chairman of Disney Parks, experiences, and products, will take over as CEO, effective immediately.