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Disney CEO Bob Iger immediately steps down from CEO position


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The New York Times
SOURCE: https://techcrunch.com/2020/02/25/disney-ceo-bob-iger-immediately-steps-down-from-ceo-position/
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Summary

Bob Chapek, a long-time senior exec at the company who most recently held the position of Chairman of Disney Parks, Experiences and Products, will succeed him.Update: We’ve added Iger’s company wide email to employees below.Chapek, as head of Disney’s Parks Division was a somewhat divisive figure in that he led with a ‘value engineering’ (the Imagineering word for trimming cool stuff) and budget concious strategy instead of the more popular ‘let Imagineers do the most’ tactic that has produced some of the Parks most enduring rides and experiences. Disney’s Marvel Studios produced the Sony Pictures release “Spider-Man: Far From Home.”Since its launch, Disney+ itself has drawn almost 30 million subscribers according to data released by the company earlier this month.Disney+ already has 28.6M subscribersIger will assume the role of Executive Chairman through 2021 according to Disney’s statement.It has been no secret that Iger has been thinking about succession planning for years, but at least until recently, details had remained scant.

As said here by Danny Crichton