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    Disney’s CEO Bob Iger is stepping down from his position and why is it such a big deal? Read to know the entire reason behind it.

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    The news that Disney manager Bob Iger is venturing down as the organization’s CEO has overwhelmed the film world. Since getting CEO in 2005, Iger drove the organization through a few blockbuster acquisitions and the dispatch of the Disney+ spilling administration.

    Disney's CEO Bob Iger is stepping down from his position and why is it such a big deal? Read to know the entire reason behind it. 11

    Seen by numerous individuals to be the most influential man in Hollywood, Iger had recently declared designs to resign just to push back his takeoff date.

    Iger will remain Disney’s official executive until the finish of 2021. In an announcement , the organization said Iger would coordinate its “imaginative undertakings” while guaranteeing “a smooth and fruitful change”.Weave Chapek, who joined Disney in 1993 and recently ran the organization’s parks and items division, has been named the organization’s new CEO.

    Disney's CEO Bob Iger is stepping down from his position and why is it such a big deal? Read to know the entire reason behind it. 12

    During Iger’s tenure as CEO, Disney took over animation studio Pixar, comic book company Marvel, Star Wars originator LucasFilm and Rupert Murdoch’s 21st Century Fox.

    These acquisitions, combined with the launch of Disney+, amusement park openings and other factors, saw the company’s market value increase five-fold.

    Disney's CEO Bob Iger is stepping down from his position and why is it such a big deal? Read to know the entire reason behind it. 13

    Disney+ launches in the UK on 24 March
    Of the 20 highest-grossing films of the 2010s, 13 were Disney releases. Three of these titles made more than $2 billion (£1.54 billion) worldwide.

    The most lucrative of the three, superhero blockbuster Avengers: Endgame, overtook 2009’s Avatar in July 2019 to become the highest-grossing film of all time.

    Disney's CEO Bob Iger is stepping down from his position and why is it such a big deal? Read to know the entire reason behind it. 14

    Last year Iger published a memoir, titled The Ride of a Lifetime, in which he wrote about the lessons he had learned from his 15 years as Disney CEO.

    While promoting his book he gave his only UK interview to BBC media editor Amol Rajan, during which he reflected on his experiences and accomplishments.

    Disney's CEO Bob Iger is stepping down from his position and why is it such a big deal? Read to know the entire reason behind it. 15

    Bob Iger says he’s proud of his achievements at Disney
    The 69-year-old also expressed pride about the number of jobs he said had been created at the Disney company during his time as CEO.

     

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