Latest in Bob Chapek

Disney’s executive chairman and former CEO Bob Iger will forgo salary and his successor as chief executive Bob Chapek will take a 50% pay cut as companies address the economic upheaval and corporate and public pain and PR of the coronavirus. In a memo to Disney employees, Chapek said that effective April 5, VPs will…

Bob Chapek addressed his first annual meetings of shareholders as Disney's new CEO and talked up the studio's digital future as the board of directors were re-elected. Chapek, who was surprisingly named CEO at the end of February with Bob Iger moving to Executive Chairman until the end of his contract in December…

Bob Chapek has defended ABC News objectivity in his first public address as Disney Chief Executive. In the first question at The Walt Disney Company's annual meeting of shareholders, held in Raleigh, North Carolina, was about the company's news division, referencing recent revelations from Project Veritas. Chapek…

Bob Iger was in a snit, and didn't disguise it. It was the winter of 1996, Disney had just closed its acquisition of the ABC Network, and studio executives were instantly trying to micro-manage the ABC chief. Disney's voluble boss, Michael Eisner, even confided to board members that he was dubious about Iger's…

The morning after Disney’s surprise announcement naming Bob Chapek CEO effective immediately, replacing longtime chief Bob Iger, the two executives addressed their troops Wednesday during an hourlong town hall on the Burbank lot that was simulcast to Disney employees around the globe. Iger and Chapek — or as one…

It felt like pulling off a Band-Aid: fast and by surprise. “Did not see this coming – Wowza,” entertainment analyst Rich Greenfield of LightShed Partners tweeted Tuesday, moments after Disney announced that Bob Chapek would take over as CEO immediately, with longtime chairman and CEO Bob Iger moving to an executive…

UPDATED with more details: Disney’s board of directors has sprung the news that it has named Bob Chapek Disney’s Chief Executive Officer effective immediately. Bob Iger, the Disney architect and until now chairman and CEO, will assume the role of Executive Chairman and direct the company's creative endeavors, while…

The Walt Disney Co. announced a reorganization of its businesses as the company prepares to launch direct-to-consumer services and seeks to grow internationally. Kevin Mayer, who has served as Disney’s chief strategy officer, has named chairman of the new Direct-to-Consumer and International business segment — elevatin…

This is the second shoe to drop after CEO Bob Iger promoted former parks chief Thomas Staggs to be COO early this month. Bob Chapek, who has run the Consumer Products unit since 2011, will now oversee Parks and Resorts, Disney’s second biggest business after its TV networks. He’ll report both to Iger and Staggs, and…