Walt Disney Stock: 4 Things CEO Bob Chapek Wants Investors to Know

ByHarriet

May 23, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bob Chapek became Walt Disney (DIS) – Get Walt Disney Corporation Report CEO in February 2020. That usually means he in essence took above the top position correct as the pandemic hit. Chapek did not get a honeymoon time period. In its place, he instantly had to make rough decisions about closing concept parks, cancelling theatrical releases for particular films in favor of moving them to the Disney+ streaming service, and laying off workers.

The new CEO experienced to cope with all of these things with his predecessor Bob Iger serving as chairman and several pondering that the previous manager was continue to calling the shots. Chapek built it as a result of, however, and Iger sooner or later retired, offering the new CEO a small respiratory area.

By Harriet