Bob Iger will resume his role as CEO of The Walt Disney Company, effective immediately

The announcement was made by the company on November 20. 

Iger has served as the CEO of the company for 15 years and has spent more than 4 decades with the company 

"We thank Bob Chapek for his service to Disney over his long career, which has included navigating the company" said  Susan Arnold. 

The Board President position is irrevocable, which is held by Susan Arnold. 

“I am very optimistic about the future of the company. And I'm thrilled to return as CEO of the company,” said Mr. Iger. 

Disney and its incredible brands and franchises hold a special place in the hearts of many people around the world 

Under Bob Iger's leadership, Disney has become one of the world's most successful and admired media and entertainment companies