Bob Iger to step down as Disney CEO, effective immediately
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Summary
Iger also launched a theme park in Shanghai, further expanding Disney's footprint across the globe and gaining 11 million visitors in its first year."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 transition to a new CEO," Iger said in a statement.Iger had been planning his succession for a while, saying at Disney's investor day last year that "2021 will be the time for me to finally step down." Iger has been CEO of Disney since 2005.
As said here by Lauren Feiner