Disney’s board unanimously voted to extend CEO Bob Chapek’s contract for three more years, the company announced yesterday. His current deal was set to expire in February 2023. Despite a chaotic tenure that began at the height of COVID, the new three-year agreement will begin Friday, July 1.
“Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses—from parks to streaming—not only weathered the storm but emerged in a position of strength. In this important time of growth and transformation, the Board is committed to keeping Disney on the successful pa