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Disney CEO steps down with immediate effect…

Disney shares have tripped up following shock news that its chief executive of 15 years, Bob Iger, has stepped down with immediate effect. The company said the 69-year old, credited with steering a massive expansion of its entertainment interests, would remain executive chairman until the conclusion of his contract. He will be replaced by Bob Chapek, the chairman of Disney’s parks, experiences and products business. Image:Bob Iger snapped up the Star Wars franchise during his 15 years in charge at Disney Mr Iger told investors and reporters that – in addition to his duties leading the board – he would
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