When CEO Bob Iger briefly handed the keys to the Disney kingdom to his hand-picked successor Bob Chapek, he reportedly refused to vacate his office because he wanted to keep his personal shower and vanity.
Iger officially announced that he would be stepping down from the top role at Disney in February 2020, appointing Chapek, the company’s park chairman, to the position.
Per a CNBC report by Alex Sherman, once Iger passed the torch, the Disney board suggested that Chapek should take over Iger’s office space at the company headquarters; however, according to unnamed sources, Iger was not particularly agreeable.
Sherman asserted two reasons for Iger’s hesitancy to vacate his office. First, his succession plan permitted Iger to remain as Disney’s executive chairman for 22 months following his announcement that he would step down as CEO. Chapek would be reporting to him even though he was intended to be his successor.
Iger officially announced that he would be stepping down from the top role at Disney in February 2020, appointing Chapek, the company’s park chairman, to the position.
Per a CNBC report by Alex Sherman, once Iger passed the torch, the Disney board suggested that Chapek should take over Iger’s office space at the company headquarters; however, according to unnamed sources, Iger was not particularly agreeable.
Sherman asserted two reasons for Iger’s hesitancy to vacate his office. First, his succession plan permitted Iger to remain as Disney’s executive chairman for 22 months following his announcement that he would step down as CEO. Chapek would be reporting to him even though he was intended to be his successor.
- 9/7/2023
- by Natalie Korach
- The Wrap
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