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Fortune

Nicholas Gordon

Bob Iger joins ranks of 'Boomerang CEOs' with return to Disney

Bob Iger Disney Howard Schultz Jack Dorsey Starbucks Twitter Inc. Steve Jobs Apple Steve Ells Chipotle

Disney CEO Bob Iger (Credit: Karwai Tang—WireImage)

By re-hiring Bob Iger, the Walt Disney Company's board is following a well-established strategy to save a floundering company: bring back the last successful CEO.

On Sunday night, Disney’s board announced that Iger would return as CEO of Disney, ousting current CEO Bob Chapek, who himself replaced Iger in 2020.

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Top stories on inkl right now

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump says Super Pac will pay for taxpayer-funded ads that sparked outcry

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