The Walt Disney Company has announced the surprise return of Roberts A. Iger as the new Chief Executive Officer, taking over from former CEO Bob Chapek.
Chapek had been known for being a proponent of the metaverse and NFTs. Bob Iger however also backed blockchain technology and Web3.
Disney Appoints Roberts Iger As New CEO
In a November 20 press release, the global entertainment conglomerate confirmed the return of Robert A. Iger, who spent more than four decades at the Company, including 15 years as its CEO.
The now Disney top executive will succeed Bob Chapek, who recently stepped down from the position. While commenting about the appointment of Robert “Bob” Iger, Susan Arnold, the chairperson of the Board of Directors, remarked:
“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic.”
“The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”
Roberts Iger’s Tenure In Office
Roberts Iger joined Disney in 2005 and left the company in 2020. During his tenure in office, Iger helped Disney to become one of the most successful and admired media and entertainment firms with a strategic vision focused on creative excellence, technological innovation, and international growth.
Bob Iger oversaw the acquisitions of Pixar, Marvel Studios, Lucasfilm, and 21st Century Fox. He was a famously well-liked CEO, delaying his departure date multiple times, which stood in stark contrast to Chapek, whose decisions frequently rankled Disney employees, shareholders, and fans.
Chapek took over in February 2020 after previously serving as Parks and Resorts. During his time, Chapek has pushed Disney through several innovations, including adopting the metaverse to boost and enhance storytelling in the next 100 years.
Iger No Stranger to the Blockchain
As Cointelegraph noted today, there’s still a ‘crypto connection’ with Bob Iger. Following his departure from Disney Iger has acted as an adviser on the board of digital avatar platform ‘Genies’.
Disney is said to be continuing its focus on metaverse projects, non-fungible tokens and blockchain tech in 2022 and beyond. In September, the company took on a corporate lawyer for ’emerging technologies and global NFT products’.
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