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Fortune

Nicholas Gordon

RARE PHOTOS: Why did disney replace ceo bob chapek | Vintage Vibes

Bob Chapek Disney Bob Iger Johansson Florida CNBC

Former Disney CEO Bob Chapek (Credit: Steven Ferdman—Getty Images))

Bob Iger’s return as the CEO of the Walt Disney Company ends a tumultuous two-year period for Iger’s once-successor, Bob Chapek.

Chapek, then the head of Disney’s parks division, took over the CEO position from Iger in 2020. Yet the new CEO quickly garnered criticism for public relations missteps, political controversy, and unpopular business decisions—which, combined with Disney’s recent poor earnings, may have pushed the board to replace Chapek. Disney shares are down 41.4% overall for the year.

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