Disney CEO Bob Iger Steps Aside; Bob Chapek Called New Head

Disney CEO Bob Iger Steps Aside; Bob Chapek Called New Head

Robert Iger stepped aside as primary executive of Walt Disney Co., though he will keep significant power over the company that he broadened into Hollywood’s biggest and most effective entertainment conglomerate over a more than 14- year tenure.

Disney on Tuesday named the business’s head of parks and resorts, Bob Chapek, CEO reliable right away.