Iger abruptly stepped aside as Walt Disney's chief executive officer, handing the reins to theme parks head Bob Chapek after years of speculation over who would succeed the longtime CEO of the world's largest entertainment company.
Iger will remain a part of Disney, as executive chairman, through the end of 2021.
After years of wondering the succession plan for Iger, this is it.
Curiously, outgoing CEO Iger'snow-amended contract retains him as a full-time employee of the company, reporting "directly and exclusively" to the board of directors, while Chapek will continue reporting to Iger.
Chapek plans to continue Iger's legacy of "creative excellence, technological innovation and worldwide expansion", he said. "Everything we have achieved thus far serves as a solid foundation for further creative storytelling, bold innovation and thoughtful risk-taking", Chapek said.
Disney said he would be replaced by Bob Chapek, a 27-year veteran of the company who was most recently chairman of Disney's parks business. Under his leadership, he oversaw the Disney theme parks' largest expansion in its sixty-year history including the opening of Shanghai Disneyland and almost doubled the Disney Cruise Line fleet.
Why it matters:Iger is credited with having successfully led Disney through a series of risky but highly successful acquisitions that not only solidified the company's entertainment dominance, but also ultimately reshaped the entire media landscape.
Freaky cousin of jellyfish doesn't breathe oxygen
They found that the parasite doesn't have mitochondria, the biological machinery cells use for breaking oxygen into energy. Life started to develop the ability to metabolise oxygen - that is, respirate - sometime over 1.45 billion years ago .
Disney acquired Pixar in 2006, Marvel in 2009, Lucasfilm and the Star Wars properties that go with it in 2012 - deals that have helped fuel the media giant's prolific output in recent years.
Chapek's list of accomplishments includes adding more ships to Disney Cruise Line and more to the company's travel and vacation offerings. As the company shapes its roadmap for the future, Chapek will have to make some tough decisions on whether to sell assets, including ABC and ESPN, according to Wells Fargo analyst Steven Cahall.
"I am enormously proud of all that we have accomplished creatively, financially and strategically", Iger said. "I felt that I should be spending as much time as possible on the creative side of the business. we identified Bob quite some time ago as a likely successor of mine".
He also came up with the scheme to raise park ticket prices during the busiest times of the year, which helped keep profits up even as attendance last year was flat.
In his new role, Chapek will be responsible for overseeing the company's "business segments and corporate functions".
Bob Chapek is the new CEO of Disney, effective immediately, the company announced Tuesday.
After the ride, Corden took them to a dance class, in an attempt to join BTS as the eighth member (spoiler alert: it didn't work). He reveals that he learned English by watching Friends and launches into a clap-heavy rendition of the theme song.
Love Is Blind is Netflix's latest original reality show that has social media going crazy with its insane premise and plot twists. Connecting only on an emotional level, the new couples then have to become engaged in order to actually meet face-to-face.
Liverpool signed a host of players in the summer of 2018 - including Naby Keita, Alisson Becker, Fabinho and Xherdan Shaqiri. This season, they have also won the Club World Championship and are still in both the FA Cup and Champions League .
The sudden increases of cases in Italy , the Islamic Republic of Iran and the Republic of Korea are deeply concerning. There is no cure for the coronavirus, which can lead to pneumonia, and a vaccine may take up to 18 months to develop.
The ban means the 28-year-old athlete will miss the 2020 Olympics in Tokyo - and it could very well end his career. But, as with most doping-related cases, Sun's situation is complicated. "I will let more people know the truth".
It continued: "Many of the witnesses expressed fear of retaliation in the industry as their reason for not coming forward sooner". After accusations surfaced, Placido Domingo stepped down as general director of the Los Angeles Opera .
Additional cases have also been reported in Switzerland, Kuwait, Spain, South Korea and Austria, according to the report. Authorities in Zhongwei said the patient arrived in Shanghai on February 20 after flying from Iran via Moscow.
Les enfants avaient rapporté l'épisode à leur mère et l'américaine avait fini par être inculpée en 2019. Cette drôle d'histoire s'est déroulée dans l'Utah à l'ouest des États-Unis.
Seventh case of COVID-19 confirmed in Ontario
He went to Sunnybrook Health Science Centre's emergency department the next day, and has since tested positive for the virus. When she returned home, her husband, who had not been to Iran with her, also started to show symptoms of the virus.
Newcastle ban players and staff from shaking hands
He has been one of our better players this year, in my opinion, and done very well, so it's bad news for all of us". More than 78,000 cases of the respiratory disease have been recorded including three cases in Africa so far.
Pop band BTS cancels concerts amid coronavirus fears
South Korea reported 256 new coronavirus cases on Friday, bringing the total number of infected in the country to 2,022. The band announced on Twitter that "we regret to announce that the BTS MAP OF THE SOUL TOUR .has been cancelled".
Ruffier ne participera pas au derby
Claude Puel a confirmé la mise à l'écart de Stéphane Ruffier lors d'une conférence de presse tenue ce vendredi midi. C'est la décision annoncée par Claude Puel , entraineur et manager général de l' ASSE .