Disney CEO Bob Iger Steps Down

In a company conference call, Bob Eiger announced his decision to step down as CEO of Disney after 15 years, aiming to focus more on the creative side of the business. During his tenure, Eiger led Disney through significant growth, including the acquisitions of Pixar, Marvel, Lucasfilm, and 21st Century Fox, as well as the launch of Disney+ and the opening of Shanghai Disney Resort. Bob Chapek, previously chairman of Disney Parks, will succeed Eiger as CEO. Eiger will remain as executive chairman until the end of 2021, supporting Chapek's transition.

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