Newly appointed Disney CEO Bob Iger responds to speculation of a sale to Apple following his return to the company after Bob Chapek's departure.
Disney CEO Bob Iger responds to recent speculation of a sale to Apple following his return to the position upon Bob Chapek's sudden departure. Iger originally succeeded Michael Eisner as CEO in 2005, holding the position until his original departure in 2020.
SCREENRANT VIDEO OF THE DAY As reported by THR, Iger addressed recent rumors surrounding his intentions for the company's future during a town hall meeting after his first day as Disney's returning CEO. It had previously been reported by insiders that the CEO had been considering a merger with Apple, where he previously served on the board of directors, to address missteps taken during Chapek's tenure and to solidify his legacy.
Under Chapek, The Walt Disney Company faced a number of public controversies and poor decisions. The CEO faced criticism for the company's stance on Florida's "Don't Say Gay" law following reports that the company had funded anti-LGBTQ+ legislators behind the bill, casting doubt on Disney's pro-LGBTQ+ image.
With The Walt Disney Company's vast domination over the industry and pop culture through its various properties and business ventures, many were surprised by reports of Iger's rumored intention to sell the company to Apple.
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