Shake Up At Disney, Bob Iger Out Of Retirement To Save Mouse

SHANGHAI, CHINA - JUNE 30: People attend the night show of the Enchanted Storybook Castle at Shanghai Disneyland on June 30, 2022 in Shanghai, China. (Photo by Hu Chengwei/Getty Images)

At a glance

  • Walt Disney Company shook up its management Sunday night, jettisoning CEO Bob Chapek and luring former chief Bob Iger out of retirement as the entertainment giant struggles with political fallout and fears of a post-pandemic recession.
  • “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period,” Board Chairwoman Susan Arnold said in a statement.

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