Chapeks

The entertainment world was shaken at the end of last year when it was announced that Walt Disney Company CEO Bob Chapek, who had just had his contract renewed earlier that year, had been removed as head of the company. What was even more shocking was that he was being replaced by the man who he had initially replaced, former CEO Bob Iger. But if you were inclined to feel bad for Chapek, don’t worry too much, he’s doing fine.According to a filing with the SEC, and reported by THR, Bob Chapek made $24.2 million in 2022 as…

Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019.Mike Blake | ReutersBob Iger's shocking return as Disney's chief executive officer immediately throws into question several major decisions made by outgoing CEO Bob Chapek.Disney shares have fallen more than 40% this year, including slumping on weak fiscal fourth-quarter results earlier this month. The Disney board's choice to replace Chapek with Iger speaks to it having more confidence Iger will deliver better…

The board of Walt Disney said it has voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.The board’s chairman, Susan Arnold, said in a statement released Tuesday that while the company was “dealt a tough hand by the pandemic,” Mr. Chapek “not only weathered the storm but emerged in a position of strength.” The board of Walt Disney said it has voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.The board’s chairman, Susan Arnold, said in a…

Bob Chapek, DisneyJeff Gritchen | MediaNews Group | Orange County Register via Getty ImagesDisney has extended CEO Bob Chapek's contract for three years, the company announced Tuesday.Chapek's contract was set to expire in February next year, three years after he unexpectedly took the reins from Bob Iger. The board, which met Tuesday in Florida, voted unanimously to extend Chapek's tenure to July 2025."Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses — from parks to streaming — not…