The keys to Disney are getting turned over from one Bob to another, as current CEO Bob Iger is stepping down from his role and will be replaced fellow Bob and Disney employee: Bob Chapek.

　　Chapek was Disney's Parks, Experiences and Products chairman before being named its CEO. The transition is effective immediately, while Iger remains as executive chairman until December 31, 2021.

　　You need a javascript enabled browser to watch videos.

　　Click To Unmute

　　Tears Of The Kingdom Is A Technological Marvel

　　Resident Evil 4 Is A Perfect RemakeHow Alan Wake II Made Me Face My Fear of Horror GamesGameSpot's Top 10 Games of 2023Thompson: The Pop Culture Icon’s Strange Legacy - LoadoutFirearms Expert’s FAVORITE Weapons Of 2023State Of Gaming Handhelds In 2023Like a Dragon: Infinite Wealth - Official Ichiban Kasuga Character Spotlight TrailerHow Lies of P Cracked the Souls GenreLike a Dragon: Infinite Wealth - Official Chitose Fujinomiya Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Eric Tomizawa Character Spotlight TrailerLike a Dragon: Infinite Wealth - Official Kazuma Kiryu Character Spotlight Trailer

　　Share

　　LinkEmbed

　　Size:640 × 360480 × 270

　　Start at: End at: Autoplay Loop

　　Want us to remember this setting for all your devices?

　　Sign up or Sign in now!

　　Please use a html5 video capable browser to watch videos.

　　This video has an invalid file format.

　　00:00:00

　　HTML5

　　Auto HD High Low

　　Report a problem

　　Sorry, but you can't access this content!

Please enter your date of birth to view this video

　　By clicking 'enter', you agree to GameSpot's

　　Terms of Use and Privacy Policy

　　enter

　　Now Playing: Best Things To Stream For February 2020 - Netflix, Hulu, Disney+, Amazon Prime Video, Shudder

　　"With the successful launch of Disney’s direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO," Iger said in a press release. "I have the utmost confidence in Bob and look forward to working closely with him over the next 22 months as he assumes this new role and delves deeper into Disney's multifaceted global businesses and operations, while I continue to focus on the Company's creative endeavors."

　　Chapek is Disney's seventh CEO over its nearly 100-year history.

　　Iger has done a lot to set Disney up for success during his time as CEO, including the acquisitions of Marvel, Pixar, Lucasfilm, and Fox. Disney+ has also been a boon for the company, with the streaming service reaching 28.6 million subscribers as of early February 2020. The company also launched ESPN+, the streaming service dedicated to all things sports, as part of a bundle with Disney+ and Hulu.

　　Disney Plus News

　　The Mandalorian Season 2 Is Out This Week: Release Schedule And How To Watch Mandalorian Season 2 Trailer Has Arrived And WWE's Sasha Banks Is In It