Former Disney CEO Bob Chapek Claims He Raised Concerns About Bob Iger With Board Weekly
Bob Chapek, former CEO of The Walt Disney Company, revealed that he raised concerns about then-Executive Chairman Bob Iger with the board on a weekly basis during his tenure. In an interview with CNBC's 'Squawk Box,' Chapek discussed these issues while promoting his memoir titled 'Behind the Castle Walls: My Thirty Years at the Happiest Place on Earth.' Chapek was appointed CEO in 2020, just before the pandemic severely impacted Disney’s operations. Iger remained involved with content initiatives like Disney+ but gradually reasserted influence over company affairs, according to Chapek. The former CEO described a power struggle and said he learned of negative remarks about him from others within the organization. Despite his concerns being raised repeatedly, the board reportedly downplayed them by saying Iger would leave in two years. However, less than three years after becoming CEO, Chapek was replaced by Iger, who has since resumed leadership until March 2026.
Tickers: $DIS
Topics: board dynamics Bob Chapek Bob Iger CEO transition Disney