Disney (DIS) shares rose Monday following news Bob Iger replaced Bob Chapek as CEO, effective immediately.
And the longtime CEO’s impact is already being felt upon his return.
On Monday, Iger made his first big move as CEO — firing Kareem Daniel and restructuring Disney’s Media and Entertainment Distribution (DMED) division. DMED was one of Chapek’s first big swings as chief executive, but the reorganization was categorized as a controversial move that upset longtime veterans and reportedly…
Source link
