Breaking Bob Chapek named Disney's new CEO with Bob Iger Stepping down with immediate effect.

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Disney announced Tuesday that CEO Bob Iger will step down from the role and become executive chairman through 2021, effective immediately.
Bob Chapek, who most recently served as chairman of Disney parks, experiences and products, will assume the role of CEO.
Iger plans to focus on Disney's creative strategy through the remainder of his tenure.

Bob Iger to step down as Disney CEO, effective immediately
 
Iger gone chapek come...

He's not leaving though! For the next 22 months Bob C. has to report to Iger with everyone reporting to him. Iger will head the Disney's board in that said period too. I guess it's to groom Chepak over the next two years.
 
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