Bob Chapek

Bob Chapek
Chapek in 2020
CEO of The Walt Disney Company
In office
February 25, 2020 (2020-02-25) – November 20, 2022
Preceded byBob Iger
Succeeded byBob Iger
Chairman of Walt Disney Parks and Resorts
In office
February 23, 2015 (2015-02-23) – February 25, 2020 (2020-02-25)
Preceded byThomas O. Staggs
Succeeded byJosh D'Amaro
Personal details
Born
Robert Chapek

(1960-08-21) August 21, 1960 (age 66)
Hammond, Indiana, U.S.
Spouse(s)
Cynthia Ann Ford
​
(m. 1980)​
Children3
Education

Robert "Bob" Chapek (born 21 August 1960) is an American media executive officer and businessman. He was the Chief Executive Officer (CEO) of The Walt Disney Company from 2020 to 2022. Before becoming CEO on February 25, 2020, he was the Chairman of Disney Parks, Experiences and Products.

Chapek worked for H. J. Heinz and in advertising for J. Walter Thompson before joining The Walt Disney Company in 1993.

Chapek was appointed as the president of Disney Consumer Products in September 2011. On February 23, 2015, Chapek was named chairman of Walt Disney Parks and Resorts effective that day to replace Thomas O. Staggs.

In February 2020, Chapek was named chief executive officer of The Walt Disney Company. He was fired from the role on November 20, 2022 and replaced by his predecessor, Bob Iger.

Chapek's exit package was supposed to be worth $23.4 million, including the remainder of his CEO salary at $6.5 million and a pension worth $16.9 million.

In May 2023, Chapek and a group of other Disney executives were sued for alleged securities fraud. The suit said that they lied to investors about Disney+ subscription numbers to make the service appear more successful than it was. The suit was dismissed by the plaintiffs in October 2023.

References

  1. ↑ Company, Walt Disney (15 March 2015). "Bob Chapek, Chairman, Walt Disney Parks and Resorts". nwitimes.com. Retrieved February 25, 2020. {{cite web}}: |last= has generic name (help)
  2. ↑ "Bob Chapek". Archived from the original on 2021-05-23. Retrieved 2020-02-26.
  3. ↑ Littleton, Cynthia (February 25, 2020). "Bob Chapek to Succeed Bob Iger as Disney CEO". Variety. Retrieved February 25, 2020.
  4. ↑ Chmielewski, Dawn C. (September 10, 2011). "Disney names Robert Chapek head of consumer products group". Los Angeles Times. Retrieved December 20, 2012.
  5. ↑ Barnes, Brooks (February 23, 2015). "Disney Names Robert Chapek Chairman for Theme Parks". New York Times. Retrieved February 26, 2015.
  6. ↑ Littleton, Cynthia (February 5, 2015). "Disney Promotes Tom Staggs to No. 2 Post, Positioning Him as Iger's Successor". Variety.com. Variety Magazine. Retrieved February 5, 2015.
  7. ↑ "Bob Chapek named Walt Disney Co. CEO, replacing Bob Iger". Los Angles Times. February 25, 2020.
  8. ↑ Sherman, Alex (6 September 2023). "Disney's wildest ride: Iger, Chapek and the making of an epic succession mess". CNBC. Retrieved 30 April 2024.
  9. ↑ Berg, Madeline (November 21, 2022). "Ousted Disney CEO Bob Chapek will reportedly walk away with at least $23 million". Insider. ISSN 0362-4331. Retrieved December 20, 2022.
  10. ↑ Murphy, J. Kim (May 16, 2023). "Former Disney CEO Bob Chapek, Current CFO Named in Shareholder Lawsuit Alleging 'Fraudulent' Streaming Statements". Variety. Retrieved July 1, 2023.
  11. ↑ "Disney and Ex-CEO Bob Chapek Sued Over Fraudulent Streaming Scheme". May 15, 2023. Retrieved July 1, 2023.
  12. ↑ "Stourbridge Investments LLC v. Robert A. Chapek, 1:23-cv-00920 - CourtListener.com". CourtListener. Retrieved 2024-10-10.

Other websites

Business positions
Preceded by
Bob Iger		 CEO of The Walt Disney Company
2020– 2022		 Succeeded by
Bob Iger