Who is Bob Chapek, Disney’s New CEO?
Bob Chapek became only the seventh CEO of the Walt Disney Co. on Tuesday, making him the long-awaited heir to Bob Iger, who drove Disney to unprecedented success over the last 15 years. Chapek has some Hulk-sized shoes to fill. Under Iger, Disney has had one of the most remarkable runs as a public company. Since he took over in 2005, Disney’s yearly net income has climbed from $2.5 billion to $13.1 billion, and the stock price has ballooned 450%. So who is the man to whom Disney, its board of directors and Iger himself have entrusted the keys to the castle? Also Read: Disney Names Bob Chapek as New CEO as Bob Iger Steps Down Chapek grew up some 25 miles south of Chicago in a little city along the lake, Hammond, Ind. With more than 27 years of Disney leadership experience under his belt, Chapek ascends to the throne from Disney’s parks, experiences and consumer products division, which he oversaw as chairman. “When I was growing up in Hammond, Ind., the son of a World War II veteran and a working mother, my parents would take us on a family vacation to Walt Disney World every year,” Chapek...
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