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According to CNBC, Bob Iger has JUST stepped down from his role as Disney CEO.

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Bob Iger

Iger will be assuming a new role of executive chairman, a position he will remain in through the end of 2021.

Effective immediately, Bob Chapek, who most recently served as chairman of Disney parks, as well as experiences and products, has assumed the role of CEO for Disney.

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Bob Chapek

Iger will discuss his succession with on CNBC with Julia Boorstin at 5:30 PM Eastern Time! We’ll let you know more details on this breaking story as further details are released!

What do you think of Bob Iger’s sudden decision to step down from his role as Disney CEO? Share your thoughts with us in the comments below!

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