Check out the latest from The Hollywood Reporter
The Walt Disney Co. is sticking with Bob Chapek.
The CEO, who took over from the well-liked Bob Iger just a month before the novel coronavirus pandemic disrupted the world (and of course nearly every line of Disney’s business), has agreed to a new long-term contract to continue leading the entertainment giant.
Disney’s board of directors announced the new three-year contract extension Tuesday, saying the decision was “unanimous.” The new contract begins on July 1, and runs into 2025. The board had previously said that Chapek “and his leadership team have the support and confidence of the Board,” in the wake of Chapek’s decision to oust general entertainment chief Peter Rice and elevate Dana Walden to the top content role.
“Disney was dealt a tough hand by the pa…sorry for the interruption but for the rest go to the source to…Read More
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