Bob Iger Returns as CEO of The Walt Disney Company
A Shocking Comeback for the Entertainment Giant
Former CEO Reassumes Leadership Role
On Sunday, September 25, 2022, The Walt Disney Company made a surprising announcement: Bob Iger would be returning as CEO, effective immediately. This came as a shock to many in the entertainment industry, as Iger had only stepped down from the position in February 2020.
Iger's return marks a significant shift for Disney, which has struggled under the leadership of current CEO Bob Chapek. In the months since Chapek took over, Disney's stock price has plummeted by over 40%, and the company has faced a number of high-profile controversies.
Iger's appointment is expected to bring stability to Disney and help the company weather the current storm. Iger is a highly respected and experienced executive who has a proven track record of success at Disney. He is credited with leading the company through a period of unprecedented growth and profitability during his previous tenure as CEO.
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