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Disney extends CEO Bob Chapek’s contract for three more years despite difficult tenure

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

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