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Bob Iger is no longer Disney’s CEO. Here’s how Twitter reacted

Bob Iger stepped down as Disney CEO. Bob Chapek will replace him

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Disney CEO Bob Iger arrives at the premiere of “Avengers: Endgame” at the Los Angeles Convention Center on Monday, April 22, 2019.

Disney CEO Bob Iger arrives at the premiere of “Avengers: Endgame” at the Los Angeles Convention Center on Monday, April 22, 2019.

Jordan Strauss, Invision via Associated Press

Bob Iger has officially stepped down as Walt Disney Company’s CEO. He will be replaced by Bob Chapek, who will become the CEO after serving as the chairman of Disney Parks, Experiences and Products.

  • Iger will stay within his role until 2021 to help with the transition.
  • Iger said: “With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO.”
  • Iger said: “I have the utmost confidence in Bob and look forward to working closely with him over the next 22 months as he assumes this new role and delves deeper into Disney’s multifaceted global businesses and operations, while I continue to focus on the company’s creative endeavors.”

Twitter reacted to the news: