Bob Chapek Extends Disney Contract

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The Walt Disney Company’s board of directors has voted to extend Bob Chapek’s contract as CEO for three more years.

Chapek has had a nearly 30-year career at Disney. Prior to becoming CEO, Chapek served as chairman of Disney Parks, Experiences and Products since the segment’s inception in 2018 and prior to that, was chairman of Disney Parks and Resorts since 2015. Chapek also led Disney Consumer Products and served as president of distribution for The Walt Disney Studios and president of Walt Disney Studios Home Entertainment.

“Leading this great company is the honor of a lifetime, and I am grateful to the Board for their support,” said Chapek. “I started at Disney almost 30 years ago, and today have the privilege of leading one of the world’s greatest, most dynamic companies, bringing joy to millions around the world. I am thrilled to work alongside the incredible storytellers, employees and cast members who make magic every day.”