Disney CEO Bob Chapek Elected to Company's Board of Directors

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Disney CEO Bob Chapek Elected to Company's Board of Directors
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A month and a half after formally becoming Bob Iger's successor, Disney CEO Bob Chapek has been elected to the firm's board of directors

A month and a half after formally becoming Bob Iger's successor, Disney CEO Bob Chapek has been elected to the firm's board of directors, the conglomerate said Wednesday. Chapek will not be joining any board committees for now.

Arnold and Iger added, "we’ve watched him navigate this very complex situation with decisiveness and compassion. We are pleased to add Bob to the Board, as we stated we would when he was named CEO." Disney, with its theme parks shuttered, retail stores closed, TV networks facing an advertising downturn and film studios halting production, has taken a financial hit amid the pandemic.

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