Bob Iger returns as Disney CEO in shocking upheaval

Bob Iger returns as Disney CEO in shocking upheaval

What’s old is new again at Disney (DIS): Bob Iger is officially back as CEO.

In a shocking turn of events, the media giant announced late Sunday that Iger will return to lead the company as its chief executive officer, effective immediately.

Iger replaces Bob Chapek, who has stepped down from his position after less than three years on the job.

Iger spent more than four decades at Disney, including 15 years as CEO.

According to the company, Iger will serve as CEO for two years, with a mandate…


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