Illustration by Alex Castro / The Verge

In a sudden flip of occasions, Disney has reversed the CEO swap that shocked us in early 2020, with Bob Iger returning to his submit, changing his personal successor, Bob Chapek. Iger, who can also be the corporate’s largest shareholder, is now set to serve a brand new two-year time period as CEO. A part of Iger’s job in these two years shall be to select and groom his long-term successor.
In fact, Chapek was an Iger selection too. Chapek had been known as the “Tim Cook dinner to Iger’s Steve Jobs,” however throughout his tenure, their handover obtained off to a rocky begin, whereas blowups just like the Scarlett Johansson Black Widow lawsuit and Disney’s preliminary lack of response to the “Don’t Say Homosexual” invoice in Florida scuffed its all-important status.

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