Bob Chapek Brent Lang Susan Arnold Entertainment film CEO Bob Chapek Brent Lang Susan Arnold

Embattled Disney CEO Bob Chapek Gets Contract Extension

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variety.com

Brent Lang Executive Editor of Film and MediaEmbattled Walt Disney Company chief Bob Chapek got a critical endorsement after the entertainment giant’s board of directors voted unanimously on Tuesday to extend his contract for three years. “Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses—from parks to streaming—not only weathered the storm, but emerged in a position of strength,” said Susan Arnold, Chairman of the Board. “In this important time of growth and transformation, the Board is committed to keeping Disney on the successful path it is on today, and Bob’s leadership is key to achieving that goal.

Bob is the right leader at the right time for The Walt Disney Company, and the Board has full confidence in him and his leadership team.” “Leading this great company is the honor of a lifetime, and I am grateful to the Board for their support,” said Bob Chapek, Chief Executive Officer. “I started at Disney almost 30 years ago, and today have the privilege of leading one of the world’s greatest, most dynamic companies, bringing joy to millions around the world.

I am thrilled to work alongside the incredible storytellers, employees, and Cast Members who make magic every day.”More to come….

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