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

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

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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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