Disney Board Votes to Renew CEO Bob Chapek’s Contract


By Robbie Whelan
Disney CEO Bob Chapek’s contract renewal was closely watched and speculated-on in Hollywood. PHOTO: CHARLES KRUPA/ASSOCIATED PRESS

The board of Walt Disney Co. DIS -0.71%▼ said it has voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.

The board’s chairman, Susan Arnold, said in a statement released Tuesday that while the company was “dealt a tough hand by the pandemic,” Mr. Chapek “not only weathered the storm but emerged in a position of strength.”

Publish : 2022-06-29 09:51:00

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