The media and entertainment giant, The Walt Disney Company (DIS) had seemingly come a full circle three weeks ago when on Sunday, November 20, the company’s board decided to let go of Bob Chapek as chief executive to announce the return of his predecessor, Robert A. Iger, to run the company with immediate effect.
With this move, DIS has effectively replaced Mr. Iger’s handpicked successor with Mr. Iger himself. Having led the company for fifteen years, from 2005 to 2020, he has been given two years to find a successor all over again while steering the company on the right path in a pivotal period in the company’s 99-year history.
