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Disney‘s shares fall as CEO steps down

5 mins read

The FINANCIAL — Shares of Walt Disney fell after company’s surprise move to replace CEO Bob Iger by Bob Chapek. Iger had telegraphed his retirement plans for years but there had been zero indication he’d step down before his contract ran out at the end of 2021. Walt Disney (NYSE:DIS) Stock fell by 3.81% to trade at $123.35 by 14:02 (19:02 GMT) on Wednesday on the NYSE exchange, according to Yahoo Finance. The Walt Disney Company said that Mr. Iger, who has run Disney for nearly 15 years, would be replaced as chief executive by Bob Chapek, a 27-year veteran…

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Disney‘s shares fall as CEO steps down

5 mins read

The FINANCIAL — Shares of Walt Disney fell after company’s surprise move to replace CEO Bob Iger by Bob Chapek. Iger had telegraphed his retirement plans for years but there had been zero indication he’d step down before his contract ran out at the end of 2021. Walt Disney (NYSE:DIS) Stock fell by 3.81% to…