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Tag: bob iger

Celebrities React to Disney’s Decision To Bring Bob Iger Back as CEO

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In case you missed it, Walt Disney Company CEO Bob Chapek has stepped down from his position and has been replaced by former CEO Bob Iger.

©Reuters

The Disney Board of Directors announced this change late in the evening on November 20th, noting that Bob Iger would resume his role as CEO effective immediately, and Disney’s stock values proceeded to increase significantly the following Monday morning. Many people have been commenting on this change and what it could mean for the future of The Walt Disney Company, and we’ve compiled some of the reactions we’ve found across social media.

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Why Disney Replaced Bob Chapek With Bob Iger

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Bob Iger has taken over as CEO of The Walt Disney Company (again) after it was announced that Bob Chapek would no longer fill the role.

©CNBC

The news was about as stunning as Iger’s initial announcement that he would be stepping down in early 2020, just weeks before the COVID-19 pandemic would force Disney to halt theme park operations. The company’s Board of Directors had voted earlier in 2022 to extend Chapek’s by three years — after the then-CEO had already faced criticism for price increases in the parks, Annual Pass program changes, and even his political decisions regarding Disney’s response to Florida’s Parental Rights in Education (or “Don’t Say Gay” per critics) law. So, why was the decision to replace Chapek with Iger made now, and why so (seemingly) sudden?

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Bob Iger Is Back at Disney. Here’s What Can Change (and What Won’t).

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Wall Street has shown its instant approval today for the moves The Walt Disney Company made on Sunday night — replacing Disney CEO Bob Chapek with former CEO Bob Iger. Disney stock jumped up in the early morning, pre-trading hours. Disney fans on social media are also speaking loudly in approval of the change.

©Reuters Everything old is new again … Disney CEO Bob Iger

But with all of the “huzzahs!” and stock purchases and general warmth around this move, fans are commenting about all the “changes” they are expecting to “bring the magic back” to Disney Parks. But should we really expect any significant change in the parks with Iger back in charge?

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Disney Stock Values JUMP Following News About Bob Iger’s Return as CEO

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Bob Iger is back as Disney’s CEO and the Company is already being affected in a key way. 

©Reuters

Late on Sunday night (on November 20th), the Disney Company announced that Bob Chapek (who took over the CEO role suddenly in 2020 and whose contract had recently been extended for several more years) had stepped down and Bob Iger would serve as the Disney CEO once again for 2 years. So just what has already changed at Disney following this news? 

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8 Things Disney Fans Want to See in the Next CEO

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Finish this phrase: Disney’s next Chief Executive Officer (CEO) should…

©CNBC

Disney has had several CEOs over the years, some of whom fans have appreciated or criticized more than others. We’ve covered many of the statements and opinions from Disney’s most recent CEOs — Bob Iger and Bob Chapek (Chapek continues to serve as CEO). Chapek’s contract as CEO has been extended for a few more years, but eventually, Disney will have a new CEO that will take his place. What qualities should that new CEO have? We reached out to our readers via Facebook and they had a LOT of opinions.

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Former Disney CEO Bob Iger Becomes an Honorary Knight

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Former Disney CEO, Bob Iger, continues to keep himself busy and be at the center of some news stories.

©Alberto E. Rodriguez / Getty Images

We’ve seen Iger invest in a delivery startup service, reportedly comment on the selection of Bob Chapek as a successor CEO, and even weigh in on the passing of Queen Elizabeth II. And now there’s been another update involving Iger and U.K. royalty.

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Former Disney CEO, Bob Iger, Comments on the Death of Queen Elizabeth II

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The Queen of the United Kingdom has passed away.

©ANDREW MILLIGAN/POOL/GETTY

In the past, fans of The Queen have been able to pick up treats themed to The Queen or royal-themed merchandise in the United Kingdom pavilion in EPCOT, but today’s news surrounding the Royal family is much more somber.

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MagicBand+ Updates, Supply Issues, and More Disney News You Need to Know

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Buckle up friends, there are a lot of changes coming to Disney World soon and we’ve got ALL the details.

Magic Kingdom

A new car locator app feature is now LIVE, MagicBand+ is coming sooner than you know it, and a restaurant is being transformed in Disney World. There’s a lot going on and a lot to keep track of. But don’t worry! We’ve got everything you need to know about all the biggest Disney news stories from the last week right here!

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Bob Iger Reportedly Regrets Picking Bob Chapek as Disney’s CEO

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In early 2020, Bob Iger stepped down and Disney suddenly had a new CEO — Bob Chapek, and it turns out there are some parts of that transition that former CEO Bob Iger regrets.

©Reuters

The announcement of Bob Chapek’s selection and the start of his term happened very quickly, and within the upcoming months/years Chapek would have to face the pandemic, the closure of Disney’s theme parks around the world, changing theatrical releases, the Florida Parental Rights in Education Bill (what critics call the “Don’t Say Gay” bill), and more. Now, Iger has officially left Disney and Chapek will be sticking around for several more years. But it seems Iger may have some big regrets about how this all played out.

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