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In a surprise move, Disney chief executive Robert Iger steps down and is replaced by a theme-park lieutenant

February 26, 2020

In a move that stunned the entertainment world, Walt Disney Co. chief executive Robert Iger announced Tuesday that he was stepping down from his position immediately and would be replaced by Bob Chapek, 60, the head of its theme park division. Iger would remain on as executive chairman focused on creative endeavors, he said.

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In a surprise move, Disney chief executive Robert Iger steps down and is replaced by a theme-park lieutenant