Disney promotes 2 execs in possible CEO bake-off

Walt Disney Co. is reorganizing several of its businesses around two senior executives, parks chief Bob Chapek and strategy head Kevin Mayer, putting the two in a potential bake-off to succeed Bob Iger as chief executive officer.
Mayer, 55, was named chairman of Disney’s direct-to-consumer businesses, which will include streaming operations such as Hulu as well as its international media networks, the company said Wednesday in a statement. Chapek, 58, will head a combined theme park and co