Bob Iger back, Bob Chapek out, as Disney CEO
(The Hill) -- Former Disney CEO Bob Iger is returning to head the entertainment giant, replacing his successor Bob Chapek.
The surprise news comes days after Disney's stock hit a 52-week low, falling 41 percent so far this year.
In a press release Sunday, Disney announced Chapek was stepping down and Iger will serve two additional years as the company's top executive.Story continues below:
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