In one of the most in-depth retellings of the turmoil surrounding the CEO role at Disney, CNBC shares in great detail the events that led to the firing of Bob Chapek, and the return of Bob Iger as Disney's CEO.
The inside story is based on conversations with more than two dozen people who worked closely with Iger and Chapek between 2020 and 2022.
Most of the key players declined to comment on the report, but Chapek did add to the account via a brief comment made by a spokesperson.
"Bob is proud of the work he did in the course of his 30-year career at Disney, particularly during his nearly three-year run as CEO, steering the company through the unprecedented challenges of the pandemic, and setting the course for business transformation as he and his team took the disruptive yet necessary steps for business revitalization and long-term growth."
The CNBC story by Alex Sherman also suggests that in Chapek's final weeks as CEO, board members had set up discussions with Disney division heads, including Parks boss Josh D'Amaro, who all told board members that they no longer supported Chapek as CEO.
Read the full story "Disney's wildest ride: Iger, Chapek and the making of an epic succession mess" at CNBC.
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