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    DISNEY CEO BOB IGER STEPS DOWN IN SURPRISE ANNOUNCEMENT

    Feb 28, 2020 3 minutes

    Disney CEO Bob Iger, who steered the company’s absorption of Star Wars, Pixar, Marvel and Fox’s entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday.

    The Walt Disney Co. named as his replacement Bob Chapek, most recently chairman of Disney’s parks, experiences and products business.

    “Did not see this coming -- Wowza,” tweeted LightShed media analyst Rich Greenfield.

    Iger will

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