25-02-2020 22:46 via ocregister.com

Disney CEO Bob Iger steps down, Bob Chapek named new head

By Mae Anderson and Tali Arbel, The Associated Press
Disney CEO Bob Iger, who steered the company through successful purchases of Star Wars, Marvel and Fox’s entertainment businesses, is stepping down immediately, the company said in a surprise announcement Tuesday.
The Walt Disney Co. named as his replacement Bob Chapek, most recently chairman of Disney’s parks, experiences and products business.
Iger will remain executive chairman through the end of his contract Dec. 31, 2021.
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