Bob Iger returns to head Disney
Mr Iger has agreed to hold the post for two years in which time he aims to find a successor to lead the company.
During his decade and a half as chief executive Disney bought animation studio Pixar, comic book company Marvel, the home of Star Wars LucasFilm and Rupert Murdoch's 21st Century Fox.These deals, along with the launch of the Disney+ streaming platform and amusement park openings helped the company's market value increase five-fold during his time in charge.to be approved by the late Queen Elizabeth II, for his contribution to UK/US relations.
"We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic," Ms Arnold said. Walter Todd, president and chief investment officer of Greenwood Capital, told the BBC's Today programme that the news of Mr Iger's return was "very shocking", but added that investors were likely to welcome it.
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