Breaking News: Bob Chapek will become the new CEO of Walt Disney Company effective immediately

The Walt Disney Company has named Bob Chapek its seventh chief executive officer, effective immediately. Congratulations to Bob Chapek!

Bob Iger will step down as Disney CEO and assume the role of executive chairman, Disney announced on Tuesday, February 25th.

Bob Chapek, who most recently served as chairman of Disney parks, experiences, and products, will assume the role of CEO, effective immediately, Disney announced.

Shares of Disney fell about 2.5% after hours.

GP: Bob Chapek, Disney 190519

Could a new park be announced soon??

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