Bob Iger steps down from role as Disney CEO

Bob Iger and Bob Chapek at the opening of Star Wars: Galaxy's Edge (Photo: Business Wire)

It was back in 2018 when Disney CEO Bob Iger announced his intentions to retire from his role. Now, it looks like the transition has begun. Iger just stepped down from his role, and he has now been replaced by Disney Parks, Experiences, and Products Chairman Bob Chapek. Iger will continue to serve as the company's executive chairman until the end of 2021.

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Disney CEO Bob Iger resigns from Apple's board

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Just months before their companies launch rival streaming services, Disney CEO Bob Iger has resigned from Apple's board. According to an Apple filing to the US Securities and Exchange Commission, Iger resigned on September 10th. The date, coincidentally or not, is the day Apple revealed the launch date and price of its Apple TV+ service. 

Iger said in a statement released to The Hollywood Reporter, "I have the utmost respect for Tim Cook, his team at Apple and for my fellow board members. Apple is one of the world's most admired companies, known for the quality and integrity of its products and its people, and I am forever grateful to have served as a member of the company's board."

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