The Walt Disney Company absolutely set the world on fire when it was announced late Sunday night that CEO Bob Chapek had stepped down, effective immediately.
Inside the Magic reported on the news as it happened, and Disney released a statement about it just minutes after the report – which first came from reporter Scott Gustin – was released.
“We thank Bob Chapek for his service to Disney over his long career, including guiding the company through the unprecedented challenges of the pandemic,” said Susan ArnoldPresident of the council.
Disney also announced that retired CEO Bob Iger will return for two years. Iger served as CEO of The Walt Disney Company between 2005 and 2020.
According to a statement from Disney, Iger will serve for two years after Chapek decides to step down.
“We thank Bob Chapek for his service to Disney over his long career, including guiding the company through the unprecedented challenges of the pandemic,” said Susan Arnold, Chairman of the Board of Directors. .
— Scott Gustin (@ScottGustin) November 21, 2022
However, it’s not just Disney that has been making waves on the internet. Disney adults broke the internet with their reactions, which came in the thousands, later .
@fragment L1GHTF00TS on Twitter:
ZIP A DEE DOO DAH ZIP A DEE AY BOB CHAPEK FINALLY GOES
ZIP A DEE DOO DAH ZIP A DEE AY
BOB CHAPEK IS FINALLY GOING
– anna lightfoot ♡ (@L1GHTF00TS) November 21, 2022
User @MadnessInMySoul shared a post with Bob Chapek:
To Bob Chapek:
To Bob Chapek: pic.twitter.com/Qj3dSJwDKn
— 🦃🧡 Shari 🧡🦃 (@MadnessInMySoul) November 21, 2022
@JohnDiLillo said Chapek “wasn’t a friend” to Disney adults.
Bob ChapekCEO’s tenure was honestly vastly preferable to iger’s because his utter incompetence was reminiscent of disney adults that he was not their friend. meanwhile people made fan art of iger after the corporate merger that razed the fox of the 20th century
Bob Chapek’s tenure as CEO was honestly vastly preferable to Iger’s because his utter incompetence reminded Disney adults that he was not their friend. meanwhile people made fan art of iger after the corporate merger that razed the fox of the 20th century pic.twitter.com/ChFvQQH1Cv
— John DiLillo (@JohnDiLillo) November 21, 2022
@romxnholidxy said the news “was the best they’ve ever received”.
Bob Chapeck being kicked out and Iger back as CEO of Disney is the best news I’ve ever received and honestly I could literally quit my job and drive to Orlando tomorrow I’m so happy
Bob Chapek being kicked out and Iger returning as CEO of Disney is the best news I’ve ever received and honestly I could literally quit my job and drive to Orlando tomorrow I’m so happy
—Morgan ✨ (@romxnholidxy) November 21, 2022
The number of tweets and posts about Chapek has literally reached the thousands, and it has already surged across the internet to become one of the most searched topics on the web, in just minutes.
Bob Chapek was responsible for many controversial decisions that upset not only Disney adults, but many other fans as well. Chapek repeatedly hiked ticket prices at Disney parks, including Walt Disney World Resort and Disneyland Resort, and fans weren’t happy with other implementations, including Disney Genie+ and Lightning Lane.
On several occasions, Disney cast members complained about Chapek’s leadership, which saw massive debates over salaries, and ultimately, the decision was made for him to leave the company.
Fans have been calling for Chapek to be out for some time, and there have been several petitions asking for him to be fired for reaching over 100,000 signatures over the past few months.
At this time, it’s unclear what changes Bob Iger might make as the new CEO and how it might affect Disney going forward.
What do you think of Bob Chapek’s exit from The Walt Disney Company? Let us know in the comments!
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