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BREAKING NEWS: The Walt Disney Company Board Votes to Extend Bob Chapek’s Contract as CEO for Three Years

BREAKING NEWS: The Walt Disney Company Board Votes to Extend Bob Chapek's Contract as CEO for Three Years The DIS Walt-Disney-Company

The Walt Disney Company Board of Directors has unanimously voted to extend Bob Chapek’s contract as CEO for three years.

Bob Chapek took over for the well-liked Bob Iger, and Chapek has just agreed to this long-term contract. For many Disney fans, this may be some bad news. This means that the new agreement will run until 2025.

This decision follows after a statement issued by the board a few weeks back regarding the Peter Rice situation: “and his leadership team have the support and confidence of the Board.” Let’s see where the next three years take Disney with Bob Chapek being the leader.

Source: Hollywood Reporter

Hi, I'm Erica, and I write about all things Disney. Before working for The DIS, I was a theme park performer at SeaWorld, but I also performed at Disney. I have such an immense love for theme parks to the point I studied them in college.


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