Disney’s new CEO Bob Chabeck (right) and former CEO Bob Iger (left) take a photo
1905 film news On February 25, the Walt Disney Company’s board of directors officially announced that Bob Chabeck will serve as the new term CEO, the contract is effective immediately. His contract is signed from February 24, 2020 to February 28, 2023, with a basic annual salary of 2.5 million US dollars. Bob Iger, the last CEO of
, has been in power for 15 years, and his retirement is considered "the end of an era for Disney." After that, he will serve as the executive chairman of the Disney board and lead the board until the end of the contract on December 31, 2021.
, as Disney’s seventh CEO, Bob Chabeck said: “I am very honored and humble to serve as the CEO of what I consider to be the greatest company in the world, and to lead our talented and dedicated artists and employees. Bob Iger has cast Disney into the most admired and successful media and entertainment company. And I am fortunate to be an important member of his leadership team. I enjoy his dedication to creating excellence, technological innovation and overseas expansion, and will Continue to support these strategic pillars. So far, everything we have achieved has laid a solid foundation for more creative storytelling, bold innovation, and thoughtful adventure."
However, after Disney announced the news, Disney’s stock price was trading. After trading, it fell nearly 3%. Many fans expressed disappointment about this, accusing Bob Chabeck of cutting off some of the live performances in the park, ignoring the visitor experience, and lacking creativity, which caused considerable controversy.
