Bob Chapek

Last updated

Bob Chapek
Bob Chapek (49607223226) (cropped).jpg
Chapek in 2020
Born
Robert Alan Chapek

1960 (age 63–64)
Chicago, Illinois, U.S.
Education
TitleBoard member, Masimo
Former chief executive officer, The Walt Disney Company
Term
  • February 25, 2020 – November 20, 2022
Predecessor Bob Iger
SuccessorBob Iger
Spouse
Cynthia Ford
​
(m. 1980)​
Children3

Robert Alan Chapek (born 1960) is an American former media executive who was the chief executive officer (CEO) of The Walt Disney Company from 2020 to 2022. He joined Masimo's board of directors in 2024.

Contents

Before becoming CEO, Chapek had a 26-year career with The Walt Disney Company, beginning in the Home Entertainment division, and eventually rising to become Chairman of Parks & Resorts. Chapek, who had a controversial tenure as CEO, [1] [2] was dismissed from the position on November 20, 2022, and succeeded by his predecessor, Bob Iger. [3]

Early life and education

Robert Chapek was born in 1960 in the suburbs of Chicago to a working mother and father, Marie (Lofay) and Bernard W. Chapek. [4] [5] [6] He grew up in Hammond, Indiana. [4] His father was a World War II veteran. [7] His family went on annual trips to Walt Disney World. [8]

Chapek graduated from George Rogers Clark Jr./Sr. High School in 1977. [9] He has a Bachelor of Science degree in microbiology from Indiana University Bloomington and a Master of Business Administration from Michigan State University. [10]

Career

Chapek worked for the H. J. Heinz Company in brand management and in advertising for J. Walter Thompson before joining The Walt Disney Company in 1993, where he worked until 2022. [11] In January 2024 he joined the board of directors of Masimo, a medical technology company. [12]

Disney

Home Entertainment

Chapek began his Disney career in 1993 as the marketing director for the company's Buena Vista Home Entertainment division, which at that time was focused on VHS tapes. Then-CEO Michael Eisner described Chapek by saying, "He was always an executive that you knew would be on the rise... He knew how to grow the business while adjusting to the changing marketplace, which was intense." Chapek is credited for bringing Disney's home entertainment division into the digital age, by focusing on releasing properties on DVD and later Blu-ray discs. [13] In 2006, he was promoted to become the president of Buena Vista Home Entertainment. [14] In 2009, he became president of distribution for Walt Disney Studios. [15] Since Chapek began his ascent to the top of the Walt Disney Company from its home video division, he has been called "the home entertainment industry’s single biggest success story." [16]

President of Consumer Products

Chapek was appointed president of Disney Consumer Products in September 2011. [17] After the acquisition of Lucasfilm, Chapek integrated Star Wars merchandise into Disney's licensing program, ensuring that Disney became the world's largest licensor of intellectual property. [18] In 2013, Chapek secured a deal with Hasbro, whereby the toy company paid Disney $80 million in royalties to extend the license for Marvel toys and an agreement for Hasbro to pay Disney up to $225 million for the rights to forthcoming Star Wars merchandise. [19]

In 2014, Chapek launched the Disney Imagicademy, which was a suite of numerous tablet and smart-phone apps designed to give children high quality learning games. [20] This was Disney's first full foray into the learning-app market. Chapek said he spearheaded this initiative after numerous parents told his department that they found it difficult to find high quality learning apps out of the thousands that were available online. [21]

Parks and Resorts

On February 23, 2015, Chapek was named chairman of Walt Disney Parks and Resorts effective that day to replace Thomas O. Staggs, who was promoted to Disney chief operating officer earlier in the month. [22] [23] Chapek immediately began working towards the completion and launch of Shanghai Disneyland in 2016, which hosted over 11 million guests in its first year of operation. [24] The $5.5 billion theme park opened under Chapek’s leadership after months of delays, establishing Chapek’s strong reputation with Iger and Disney’s board. Throughout this process, Iger accompanied Chapek on more than 10 trips to Shanghai, China, observing how Chapek navigated budget issues and construction hurdles. [25] He also oversaw the completion and launch of Pandora – The World of Avatar at Disney's Animal Kingdom in 2017. [26] Chapek also directly managed the construction and opening of the new Star Wars: Galaxy's Edge lands at Disneyland and Walt Disney World. [27] Disney said of Galaxy's Edge, "It's the most immersive land we have ever built," citing the themed restaurants, shops and roaming interactive characters. Disney reportedly spent $1 billion on the sprawling 14-acre land in Disneyland in Anaheim, prompting CNN to comment that "Disney spared no expense." [28]

As chairman of Parks and Resorts, Chapek invested over $24 billion into the theme parks, attractions, hotels and cruise ships. The New York Times noted that Chapek's spending was more money than Disney spent in acquiring Pixar, Marvel and Lucasfilm combined. [29]

In the fall of 2017, after Parks and Resorts recorded at 14% increase in operating income, many in the media began to speculate that Chapek would likely succeed Bob Iger as the next Disney CEO. [30] [31]

In March 2018, after a reorganization of divisions in order to prepare for the launch of Disney+, Chapek was given back the consumer products divisions (including the Disney Stores), in addition to his responsibilities for all of the parks and resorts and related experiences. Then, CEO Bob Iger said, "Bob [Chapek] comes to this new role with an impressive record of success at both parks and resorts and consumer products, and he is the perfect leader to run these combined teams." This furthered speculation that Chapek would be Iger's successor. [32] [33] [34]

In August 2019, Chapek announced that he had negotiated a retail collaboration to open 25 mini Disney Store shops within select Target department stores across the United States. Chapek stated that people who purchase Disney products were already likely to shop at Target, and the deal gives Disney the opportunity to expand its own footprint beyond traditional shopping malls. [35] The Disney mini-shops will be an average of 750 square feet and be located near Target's kids clothing and toy departments. They'll have more than 450 items, including more than 100 products previously only available at Disney retail locations. [36]

On May 18, 2020, Chapek announced Josh D'Amaro as his successor to the position of chairman of Disney Parks, Experiences and Products. [37]

Chief executive officer

In February 2020, Bob Iger named Chapek as his hand-picked successor for the role of chief executive officer of the Walt Disney Company. Iger retained creative control and would remain as executive chairman until the end of 2021. [25] This was considered a surprise to many Disney employees, who had seen Kevin Mayer as the heir apparent to Iger. [38] In April 2020, Chapek was elected to the Walt Disney Company's board of directors. [39] Iger reportedly resisted relinquishing power to Chapek from the outset, insisting on keeping his office and calling himself “Big Bob” and Chapek “Little Bob”. [25] It was later revealed that while Chapek remained CEO, Iger said he intended to resume control of the company's operational duties for the time being, due to the COVID-19 pandemic. [40]

In numerous interviews with financial news outlets during the pandemic, Chapek has said he is focusing on opening Disney's theme parks. In May 2020, Shanghai Disneyland opened with limited guest capacity capped at approximately 24,000 visitors per day, pursuant to government regulations. Chapek acknowledged that this was a "baby step", but found the attendance figures encouraging, considering that the limited number of tickets were selling out. Chapek vowed to increase capacity in the weeks to come, albeit in a conservative manner. [41] [42]

Chapek stated that upon the reopening of Walt Disney World in July 2020, both employees and guests would be required to take temperature checks, wear face masks, and observe social distancing guidelines. He said that the company would continue to work with local government and healthcare professionals to open the parks responsibly. He added that when the parks reopened, the first attraction he will ride would be Pirates of the Caribbean. [43] [44] In October 2020, Chapek agreed to keep Disney World at only 25% capacity until the CDC issued new guidance, and also stated that with regards to reopening Disneyland in California, "It's not much of a negotiation. It's pretty much a mandate that we stay closed." [45] In March 2021, after California eased COVID-19 restrictions, he then stated, "Here in California, we're encouraged by the positive trends we're seeing and we're hopeful they'll continue to improve and we'll be able to reopen our Parks to guests with limited capacity by late April." [46] By July 2021, Walt Disney World had officially ended their mask mandate (except while on Disney transportation) and temperature checks, and were operating at higher capacity. [47] That same month, fireworks shows at both Walt Disney World and Disneyland returned. [48] Under Chapek’s leadership, Disney weathered the COVID-19 pandemic. Revenue for Disney’s parks, experiences, and products business more than doubled to $6.7 billion in the first quarter of 2022, compared with the prior-year period. [25]

In October 2020, Chapek spoke about the company's decision to begin focusing on streaming media, including Disney+, and direct-to-consumer advertising. [49] Multiple films that were originally slated for theatrical releases, including Mulan and Soul , did not receive theatrical releases and instead debuted on Disney+. Mulan was offered on Disney+ for a premium fee, while Soul was offered for no additional cost. [50] [51]

Florida's Parental Rights in Education Act

In 2022, as Florida passed its Parental Rights in Education Act (commonly referred to as the "Don't Say Gay law"), reports arose that Disney funded the legislators who wrote and sponsored the bill; this conflicted with the company's pro-LGBT+ image. [52] In a board-approved memo drafted with Geoff Morrell, then chief of corporate affairs, Chapek wrote “corporate statements do very little to change outcomes or minds. Instead, they are often weaponized by one side or the other to further divide and inflame. Simply put, they can be counterproductive and undermine more effective ways to achieve change.” [25] [52] [53] Chapek's refusal to pause political contributions to legislators who supported the bill and his failure to take a public stance on the legislation was heavily criticized, including by several members of Disney's creative talent. [54] [55] [56] [57] Following the criticism, Chapek reversed course, claiming the company was "opposed to the bill from the outset" and would be donating to several LGBT+ organizations. [58] One LGBTQ civil rights advocacy group, the Human Rights Campaign, refused funds from Disney until "meaningful action" is taken. [59] The day after, Chapek formally apologized for his prior statements and announced that the company will be ceasing donations to all political parties in Florida while looking to further improve their support for LGBT+ causes. [60] However, this is also considered to be later one of the main reason why the Florida government pushed to repeal the Reedy Creek Improvement Act. [61]

Dismissal from Disney

In June 2022, Chapek signed a three-year contract extension to remain as Walt Disney Company CEO. [62] However, on Sunday, November 20, 2022, Iger was reinstated as the CEO. According to Disney insiders through CNBC, Iger was formally requested to return as CEO on the previous day, and Chapek was notified on Sunday night. CNBC later chronicled Iger's unwillingness to give up control of the company, reporting that Iger repeatedly undermined and failed to champion his chosen replacement throughout Chapek's tenure as CEO. [25] At that time the board, through chair Susan Arnold, cited Disney's negative earnings report released at the beginning of the month and believed that Iger was "uniquely situated" to lead Disney. [63] [64] It was later revealed that then-CFO Christine McCarthy "blindsided" Chapek with the company's financial results for the third quarter of 2022. [25]

The New York Times (NYT) further reported that Chapek had a "happy go lucky" demeanor during the conference call held after the November 8 earnings report. Chapek was also criticized by the NYT for emphasizing the success of Mickey's Not-So-Scary Halloween Party. Calls for Chapek's removal were emphasized that day by Mad Money host Jim Cramer, who particularly aimed criticism towards Disney's "balance sheet from hell". [65] Investor Nelson Peltz later attributed these losses to Disney’s 2019 acquisition of Fox under Iger. [66]

Chapek's exit package was expected to be worth $23.4 million, including the remainder of his CEO salary at $6.5 million and a pension worth $16.9 million, which was accumulated over his 30-year career at Disney. [67]

In May 2023, Chapek and a group of other Disney executives were sued for alleged securities fraud. The suit alleged that they had misled investors about Disney+ subscription numbers to make the service appear more successful than it was. [68] [69]

Personal life

Chapek has been married to his wife Cynthia since 1980 and together they have three children, [8] including former Marvel Studios producer Brian Chapek, [70] [71] and four grandchildren. [8] He resides in Westlake Village, California. [25]

Related Research Articles

<span class="mw-page-title-main">Walt Disney World</span> Entertainment resort in America

The Walt Disney World Resort is an entertainment resort complex located about 20 miles (32 km) southwest of Orlando, Florida, United States. Opened on October 1, 1971, the resort is operated by Disney Experiences, a division of The Walt Disney Company. The property covers nearly 25,000 acres, of which half has been developed. Walt Disney World contains numerous recreational facilities designed to attract visitors for an extended stay, including four theme parks, two water parks, four golf courses, conference centers, a competitive sports complex and a shopping, dining, and entertainment complex. Additionally, there are 19 Disney-owned resort hotels and one camping resort on the property, and many other non-Disney-operated resorts on and near the property.

<span class="mw-page-title-main">The Walt Disney Company</span> American multinational mass media company

The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California. Disney was founded on October 16, 1923, by brothers Walt Disney and Roy Disney as Disney Brothers Studio; it also operated under the names Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986. In 1928, Disney established itself as a leader in the animation industry with the short film Steamboat Willie. The film used synchronized sound to become the first post-produced sound cartoon, and popularized Mickey Mouse, who became Disney's mascot and corporate icon.

<span class="mw-page-title-main">Disney California Adventure</span> Theme park in California

Disney California Adventure Park is a theme park at the Disneyland Resort in Anaheim, California. It is owned and operated by The Walt Disney Company through its Experiences division. The 72-acre (29 ha) park is themed after Disney's interpretation of California, by the use of Disney, Pixar and Marvel properties. The park opened on February 8, 2001, and is the second of two theme parks built at the Disneyland Resort complex, after Disneyland Park.

<span class="mw-page-title-main">Walt Disney Imagineering</span> Research and development unit of The Walt Disney Company

Walt Disney Imagineering Research & Development, Inc., commonly referred to as Imagineering, is the research and development arm of The Walt Disney Company, responsible for the creation, design, and construction of Disney theme parks and attractions worldwide. The company also operates Disney Live Entertainment and The Muppets Studio and manages Disney's properties, from Walt Disney Studios in Burbank to New Amsterdam Theatre and Times Square Studios Ltd. in New York City. Founded by Walt Disney to oversee the production of Disneyland, it was originally known as Walt Disney, Inc. then WED Enterprises, from the initials meaning "Walter Elias Disney", the company co-founder's full name. Headquartered in Glendale, California, Imagineering is composed of "Imagineers", who are illustrators, architects, engineers, lighting designers, show writers and graphic designers.

<span class="mw-page-title-main">Disney Experiences</span> Theme park and travel division of The Walt Disney Company

Disney Experiences is one of the three major divisions of The Walt Disney Company. It was founded on April 1, 1971, exactly six months before the opening of Walt Disney World.

<span class="mw-page-title-main">Bob Iger</span> American business executive (born 1951)

Robert Allen Iger is an American media business executive who is the chief executive officer (CEO) of The Walt Disney Company. He previously was the President of the American Broadcasting Company (ABC) between 1994 and 1995 and president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then was executive chairman until his retirement from the company on December 31, 2021. After his exit from the company, Iger continued as an advisor to his successor, and was awarded $2 million per year for such advice. However, at the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the unscheduled and immediate dismissal of his appointed successor, Bob Chapek. In July 2023, Disney renewed Iger's contract until 2026.

<span class="mw-page-title-main">I'm going to Disney World!</span> Advertising slogan

"I'm going to Disney World!" and "I'm going to Disneyland!" are advertising slogans used in a series of television commercials by The Walt Disney Company that began airing in 1987. Used to promote the company's theme park resorts in Florida and California, the commercials most often are broadcast following the Super Bowl and typically feature an NFL player shouting the phrase while celebrating the team's victory immediately after the championship game. These commercials have also promoted champions from other sports, and winners of non-sport competitions such as American Idol.

<span class="mw-page-title-main">Thomas O. Staggs</span> American business executive (born 1961)

Thomas Owen Staggs is an American business executive and investor. He is currently one of the co-founders and co-CEOs of Candle Media. He formerly worked at The Walt Disney Company for nearly 27 years, beginning in 1990, working in finance and later becoming the chief financial officer (CFO), then as chairman of Walt Disney Parks and Resorts Worldwide and finally as chief operating officer (COO). He also holds directorships on various company boards, including Spotify.

<span class="mw-page-title-main">Disneyland</span> Amusement park in Anaheim, California

Disneyland is a theme park at the Disneyland Resort in Anaheim, California. It was the first theme park opened by the Walt Disney Company and the only one designed and constructed under the direct supervision of Walt Disney, and opened on July 17, 1955.

<span class="mw-page-title-main">Shanghai Disney Resort</span> Theme resort by Walt Disney Parks and Resorts

Shanghai Disney Resort is a themed resort in Pudong, Shanghai, China. The resort opened to the public on June 16, 2016. It is the first Disneyland in mainland China. It is also the sixth Disney resort worldwide, after Disneyland Resort, Walt Disney World Resort, Tokyo Disney Resort, Disneyland Paris and Hong Kong Disneyland Resort.

<i>Toy Story</i> Land Themed area at Disney Parks

Toy Story Land is a themed land at Walt Disney Studios Park, Hong Kong Disneyland, Shanghai Disneyland, and Disney's Hollywood Studios. The area is based on the Disney·Pixar film series Toy Story.

<i>Frozen</i> (franchise) Disney media franchise

Frozen is a Disney media franchise started by the 2013 American animated feature film Frozen, which was directed by Chris Buck and Jennifer Lee, screenplay by Lee and produced by Peter Del Vecho, music score by Christophe Beck, and songs written by Robert Lopez and Kristen Anderson-Lopez. John Lasseter, then-chief creative officer of Walt Disney Animation Studios, served as the film's executive producer. The original film was inspired by Hans Christian Andersen's fairy tale, "The Snow Queen".

Christine McCarthy is an American businesswoman and the former chief financial officer (CFO) of The Walt Disney Company.

<i>Star Wars</i>: Galaxys Edge Themed area at Disney parks

Star Wars: Galaxy's Edge is a themed area inspired by the Star Wars franchise, located in Disneyland Park at the Disneyland Resort in Anaheim, California, and Disney's Hollywood Studios at the Walt Disney World Resort in Orlando, Florida. It encompasses 14 acres (5.7 ha) at each park, and is set in the village of Black Spire Outpost, on the remote frontier planet of Batuu, featuring attractions, shops, restaurants and entertainment.

World of <i>Frozen</i> Themed area at three Disney parks

World of Frozen is a themed area based on the Frozen franchise. The land opened at Hong Kong Disneyland and is currently being developed by Walt Disney Imagineering for Tokyo DisneySea under the name of Frozen Kingdom and at Walt Disney Studios Park.

<span class="mw-page-title-main">Impact of the COVID-19 pandemic on the Walt Disney Company</span> Aspect of viral outbreak

The Walt Disney Company and its subsidiaries have been variously impacted by the COVID-19 pandemic; the company has business interests in areas that involve mass gatherings and isolation.

<span class="mw-page-title-main">Josh D'Amaro</span> American businessman

Josh D'Amaro is an American businessman, who is Chairman of Disney Experiences. Before becoming chairman, D'Amaro has had a 22-year career with The Walt Disney Company, particularly in his positions across the resorts sector of the company.

Kareem Daniel is an American businessman and former media executive at The Walt Disney Company. During his tenure at Disney, he held executive roles in charge of film and television, sports, streaming, theme parks, and consumer products. Prior to Disney, Daniel worked in equity research and investment banking at Goldman Sachs, having begun his career as an electrical engineer. He is also on the board of directors for McDonald's.

Since the passage of Florida's Parental Rights in Education Act, commonly known as the Don't Say Gay bill, The Walt Disney Company has been involved in a feud with Florida governor Ron DeSantis and the state's Republican Party. While initially a donor to some of the politicians who voted in favor of the Act, after its passage Disney spoke out against the bill and called for it to be repealed.

Since the 2000s, there has been persistent and periodic speculation of a potential acquisition of the Walt Disney Company, an American media conglomerate, by Apple Inc., an American technology company. Despite there being no evidence of such plans, the notion has been routinely suggested by analysts and pundits and repeatedly dismissed by both companies.

References

  1. ↑ Flint, Joe; Whelan, Robbie; Schwartzel, Erich; Glazer, Emily; Too, Jessica (December 17, 2022). "Bob Iger vs. Bob Chapek: Inside the Disney Coup" . The Wall Street Journal . ISSN   0099-9660. Archived from the original on December 17, 2022. Retrieved April 27, 2023.
  2. ↑ Sherman, Alex (March 20, 2022). "'Extremely awkward': Bob Chapek and Bob Iger had a falling out, they rarely talk — and the rift looms over Disney's future". CNBC. Archived from the original on March 20, 2022. Retrieved September 8, 2023.
  3. ↑ "The Walt Disney Company Board Of Directors Appoints Robert A. Iger As Chief Executive Officer". The Walt Disney Company. November 21, 2022. Retrieved November 21, 2022.
  4. 1 2 "Disney CEO: Bob Chapek Biography". June 26, 2020.
  5. ↑ Murzyn, Louisa. "Region native has keys to Magic Kingdom". nwitimes.com.
  6. ↑ "MARIE CHAPEK Obituary (2015) The Times". Legacy.com.
  7. ↑ Potempa, Philip (November 13, 2009). "Hammond native earns a princely position at Disney". The Times of Northwestern Indiana. Retrieved November 18, 2020.
  8. 1 2 3 Low, Elaine (February 26, 2020). "Bob Chapek: Who Is the New Disney CEO?". Variety. Retrieved February 26, 2020.
  9. ↑ Muryzn, Louisa (December 1, 2009). "Region Native has Keys to Magic Kingdom". The Times of Northwest Indiana.
  10. ↑ Potempa, Philip. "OFFBEAT with PHIL POTEMPA: Disney career magic continues for Hammond's Bob Chapek". The Northwest Indiana Times. Retrieved February 25, 2020.
  11. ↑ Miller, Daniel (February 23, 2015). "Disney names company veteran Bob Chapek to head parks and resorts". Los Angeles Times. Retrieved November 18, 2020.
  12. ↑ Weprin, Alex (January 16, 2024). "Bob Chapek Books First Post-Disney Gig: Board Seat at Medical Device Firm Masimo". The Hollywood Reporter. Retrieved January 22, 2024.
  13. ↑ Pedicini, Sandra (March 10, 2015). "Disney Parks Chairman Bob Chapek Focuses on Tech, Franchises". Orlando Sentinel.
  14. ↑ "Bob Chapek, Walt Disney Co: Profile and Biography". Bloomberg. Retrieved February 26, 2020.
  15. ↑ Graser, Marc (February 5, 2015). "Disney Promotion Raises CFO, Theme Park Questions". Variety. Retrieved February 25, 2020. Chapek had been president of distribution for the Walt Disney Studios for two years and was president of the studios' home video arm prior to that.
  16. ↑ Arnold, Thomas K. (April 21, 2022). "A Home Entertainment Success Story: Bob Chapek and the Digital Revolution". Media Play News. Retrieved September 18, 2022.
  17. ↑ Chmielewski, Dawn C. (September 10, 2011). "Disney names Robert Chapek head of consumer products group". Los Angeles Times. Retrieved December 20, 2012.
  18. ↑ "Disney Consumer Products Poised for Incremental Retail Sales Growth with Lucasfilm Licensing and Robust Content Pipeline". June 18, 2013.
  19. ↑ Spangler, Todd (July 22, 2013). "Hasbro Extends Disney Pact for Marvel, Star Wars Toys and Games". Variety.
  20. ↑ Ha, Anthony (December 4, 2014). "Disney Will Launch Its First Imagicademy Learning Apps On Dec. 11". Tech Crunch.
  21. ↑ "Disney's New App with Mickey and Friends Makes Learning Magical". The National News. December 13, 2014.
  22. ↑ Barnes, Brooks (February 23, 2015). "Disney Names Robert Chapek Chairman for Theme Parks". The New York Times . Retrieved February 26, 2015.
  23. ↑ Littleton, Cynthia (February 5, 2015). "Disney Promotes Tom Staggs to No. 2 Post, Positioning Him as Iger's Successor". Variety. Retrieved February 5, 2015.
  24. ↑ Hancock, Tom (June 18, 2017). "Shanghai Disney welcomes 11m visitors in first year" . Financial Times.
  25. 1 2 3 4 5 6 7 8 Sherman, Alex (September 6, 2023). "Disney's wildest ride: Iger, Chapek and the making of an epic succession mess". CNBC. Retrieved November 7, 2023.
  26. ↑ Meltzer, Hannah (November 29, 2016). "Fancy a Trip to Pandora? Inside the new Disney Project Bringing Avatar to Life" . The Telegraph. Archived from the original on January 12, 2022.
  27. ↑ "Disney Parks Name Star Wars lands Galaxy's Edge". CNBC. July 16, 2017.
  28. ↑ Pallotta, Frank (May 30, 2019). "Disney Spared No Expense in Building Star Wars: Galaxy's Edge". CNN.
  29. ↑ Barnes, Brooks (November 16, 2018). "Disney Is Spending More on Theme Parks Than It Did on Pixar, Marvel and Lucasfilm Combined". The New York Times.
  30. ↑ Ellingson, Annlee (November 28, 2017). "Bob Iger Successor Emerges at Disney". L.A. Biz.
  31. ↑ Palmeri, Christopher (November 27, 2017). "Disney Theme Parks Boss Could Be Tapped as Next CEO". Skift. Archived from the original on June 21, 2020. Retrieved June 19, 2020.
  32. ↑ Gruenwedel, Erik (March 14, 2018). "Bob Chapek Expands Duties in Disney Reorganization". Media Play News.
  33. ↑ Perez, Sarah (March 14, 2018). "Disney Announces Strategic Reorganization Ahead of the Launch of Netflix Rival". Tech Crunch.
  34. ↑ Palmeri, Christopher (March 14, 2018). "Disney Elevates Two Top Executives in Possible CEO Bake-Off". Bloomberg.
  35. ↑ Thomas, Lauren (August 25, 2019). "Disney is Putting Dozens of Stores inside Target Locations while Target Set to Open at Walt Disney World Resort". CNBC.
  36. ↑ Tyko, Kelly (August 25, 2019). "Disney and Target Announce 25 Disney Shops Coming to Target Stores in October". USA Today.
  37. ↑ Parker, Ryan. "Josh D'Amaro Named Chairman of Disney Parks, Experiences and Products | Hollywood Reporter". www.hollywoodreporter.com.
  38. ↑ "Bob Chapek named Walt Disney Co. CEO, replacing Bob Iger". Los Angeles Times. February 25, 2020.
  39. ↑ "New Disney CEO Bob Chapek elected to the board". Los Angeles Times. April 15, 2020. Retrieved April 16, 2020.
  40. ↑ Smith, Ben (April 13, 2020). "Bob Iger Thought He Was Leaving on Top. Now, He's Fighting for Disney's Life". The New York Times . Retrieved April 24, 2020.
  41. ↑ Whitten, Sarah (May 8, 2020). "Shanghai Disneyland Tickets Sellout for Opening Day, Signaling Pent Up Demand for Theme Parks". CNBC.
  42. ↑ Bursztynsky, Jessica (May 11, 2020). "Disney Will Increase Shanghai Park Attendance by 5,000 Per Week, CEO Bob Chapek Says". CNBC.
  43. ↑ Pallotta, Frank (May 28, 2020). "Disney CEO Explains Why It's Safe to Go Back to Disney World". CNN.
  44. ↑ "Disney CEO Chapek Confident in Safety of Theme Park Reopening Plan". Bloomberg. May 27, 2020.
  45. ↑ Deerwester, Jayme (October 13, 2020). "Disney World attendance to stay capped; Disneyland reopening 'not much of a negotiation,' CEO says". USA Today. Retrieved October 14, 2020.
  46. ↑ "Disneyland in California eyes 'late April' reopening: CEO". Yahoo! News. March 9, 2021. Retrieved March 10, 2021.
  47. ↑ Durkee, Alison. "Disney World Dropping Indoor Mask Mandate". Forbes.
  48. ↑ "'Happily Ever After' fireworks return to Disney World". ABC7 New York. July 2, 2021.
  49. ↑ Whitten, Sarah (October 12, 2020). "Disney says its 'primary focus' for entertainment is streaming — announces a major reorg". CNBC.
  50. ↑ García-Hodges, Ahiza (August 4, 2020). "'Mulan' to skip theaters and premiere on Disney+ for $29.99". NBC News.
  51. ↑ Rubin, Rebecca (October 8, 2020). "Pixar's 'Soul' Skips Theaters for Disney Plus". Variety.
  52. 1 2 Weprin, Alex (March 7, 2022). "Disney CEO Bob Chapek Addresses Company's Response to Florida's "Don't Say Gay" Bill". The Hollywood Reporter. Retrieved March 7, 2022.
  53. ↑ Patten, Dominic (March 7, 2022). "Disney Boss Bob Chapek Says Company Won't Slam Florida's 'Don't Say Gay' Bill Directly, But Still Committed To Inclusion". Deadline. Retrieved March 7, 2022.
  54. ↑ Saha, Joy (March 7, 2022). ""What a complete fool": Disney CEO criticized for refusing to publicly oppose "Don't Say Gay" bill". Salon . Archived from the original on March 8, 2022. Retrieved March 8, 2022.
  55. ↑ Radulovic, Petrana (March 7, 2022). "Owl House creator Dana Terrace is 'fucking tired of making Disney look good'". Polygon . Archived from the original on March 7, 2022. Retrieved March 8, 2022.
  56. ↑ Hailu, Selome (March 7, 2022). "Disney Employees Slam Bob Chapek's Memo on 'Don't Say Gay' Bill: 'Silence Is Unacceptable'". Variety . Archived from the original on March 8, 2022. Retrieved March 8, 2022.
  57. ↑ Chuddy, Emily (March 7, 2022). "Disney writer urges bosses to stand against Florida's monstrous 'Don't Say Gay' bill". PinkNews . Archived from the original on March 7, 2022. Retrieved March 8, 2022.
  58. ↑ Weprin, Alex (March 9, 2022). "Disney CEO Bob Chapek Plans to Meet With Florida Gov. Ron DeSantis to Discuss "Don't Say Gay" Bill". The Hollywood Reporter. Retrieved March 9, 2022.
  59. ↑ "Human Rights Campaign Refuses Money from Disney Until Meaningful Action is Taken to Combat Florida's "Don't Say Gay or Trans" Bill". Human Rights Campaign.
  60. ↑ Vary, Adam B. (March 11, 2022). "Disney CEO Bob Chapek Apologizes to LGBTQ Employees, Announces Pause for Political Donations in Florida". Variety. Retrieved March 11, 2022.
  61. ↑ Durke, Alison (April 1, 2022). "Here's How Florida Republicans Could Punish Disney For 'Don't Say Gay' Opposition". Forbes . Archived from the original on March 31, 2022. Retrieved April 5, 2022.
  62. ↑ Lang, Jamie (June 29, 2022). "Disney CEO Bob Chapek Gets Three Year Contract Extension". Cartoon Brew. Retrieved August 23, 2022.
  63. ↑ Patten, Dominic; Hayes, Dade (November 21, 2022). "Disney Shocker! Bob Iger Back As CEO, Bob Chapek Out". Deadline. Retrieved November 21, 2022.
  64. ↑ Rizzo, Lillian; Sherman, Alex. "Disney blindsided Chapek with CEO decision after reaching out to Iger on Friday". CNBC. Retrieved November 21, 2022.
  65. ↑ Barnes, Brooks (November 21, 2022). "Disney Brings Back Bob Iger After Ousting Chapek as C.E.O." The New York Times. ISSN   0362-4331 . Retrieved November 21, 2022.
  66. ↑ Grimes, Christopher; Nicolaou, Anna; Fontanella-Khan, James (January 18, 2023). "Peltz fixates on $71bn Fox deal in fight against Disney and Iger". Financial Times. Retrieved November 9, 2023.
  67. ↑ Berg, Madeline (November 21, 2022). "Ousted Disney CEO Bob Chapek will reportedly walk away with at least $23 million". Insider. ISSN   0362-4331 . Retrieved December 20, 2022.
  68. ↑ Murphy, J. Kim (May 16, 2023). "Former Disney CEO Bob Chapek, Current CFO Named in Shareholder Lawsuit Alleging 'Fraudulent' Streaming Statements". Variety. Retrieved July 1, 2023.
  69. ↑ "Disney and Ex-CEO Bob Chapek Sued Over Fraudulent Streaming Scheme". May 15, 2023. Retrieved July 1, 2023.
  70. ↑ Palmeri, Christopher; Melin, Anders (January 19, 2021). "Disney Cuts Iger's Pay 56% to $21 Million, Axes Bonuses". Bloomberg Pursuits . Bloomberg L.P. Archived from the original on January 20, 2021. Retrieved April 6, 2023.
  71. ↑ Friedman, Mark (January 13, 2023). "Filing Reveals That Disney Awarded Bob Chapek's Son a Half-a-Million Dollar Bonus". Inside the Magic. Archived from the original on January 13, 2023. Retrieved April 6, 2023.
Business positions
Preceded by Chief Executive Officer of The Walt Disney Company
2020–2022		Succeeded by
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.