With stock markets battered by the coronavirus, and shares of entertainment giants hit hard, some on Wall Street have started wondering if cash-rich technology powerhouses could consider takeover offers for Hollywood companies.
26.02.2020 - 13:26 / peoplemagazine.co.za
Bob Iger has stunned Hollywood by stepping down as chief executive officer of Disney.
The movie executive plans to remain as the company’s chairman until his contract expires in December 2021, but he’s passing on the top job to Bob Chapek, the chairman of Disney Parks, Experiences, and Products, effective immediately.
“With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to
With stock markets battered by the coronavirus, and shares of entertainment giants hit hard, some on Wall Street have started wondering if cash-rich technology powerhouses could consider takeover offers for Hollywood companies.
By Jill Goldsmith
After Bob Iger stepped down as Disney CEO and was replaced by Bob Chapek, the former Disney Parks, Experiences and Products chairman on Wednesday told investors he was both thrilled and awed at becoming the studio's seventh CEO.
The Walt Disney Co. executive chairman Bob Iger on Wednesday sought to reassure investors about the impact of the spreading coronavirus outbreak on the company and its worldwide operations.
By Tom Grater
Disney executive chairman Bob Iger opened Disney’s annual meeting in Raleigh, N.C., on Wednesday with an acknowledgement of the challenges presented by the coronavirus crisis while also trying to assure investors that the company is strong enough to withstand a downturn in business.
Theme parks and resorts aren’t likely top of mind for the industry set when they think of Disney. But in light of the recent (and very swift) appointment of parks and consumer products head Bob Chapek to succeed Bob Iger as Disney CEO, Chapek’s recent interviews at the parks offer a few insights about the seventh-ever leader of the Mouse House.
“I’ll change that before I leave.”
CEO of Disney, Bob Iger has stunned Hollywood by stepping down from the top spot of the company.
We all knew the end was coming. Bob Iger had promised, time and again, that the end was coming. But the rather abrupt announcement Tuesday afternoon that he would relinquish his longtime role as CEO of the Walt Disney Co. — and that theme parks head Bob Chapek would succeed him at the top of the Mouse’s big machine, effectively immediately — nevertheless knocked the wind out of everyone in Hollywood and on Wall Street.
Bob Iger has stunned Hollywood by stepping down as CEO of Disney.