Disney announced that Robert Iger is returning to lead the company as Chief Executive Officer, effective immediately. Iger, who spent more than four decades at the company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from the board to set the strategic direction “for renewed growth and to work closely with the Board in developing a successor to lead the Company at the completion of his term.” Iger succeeds Bob Chapek, who has stepped down from his position. The position of Chairman of the Board remains unchanged, with Susan Arnold serving in that capacity.
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