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Disney’s boomerang CEO

Today, Explained

Is Bob Iger the Hand-Picked Successor of Bob Chapick?

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CNN's John Sutter says he thinks Bob Iger knew his successor, Bob Chapick, wouldn't work out. He also believes the board pushed for a replacement in a "petulant way" The company is losing billions on its streaming service and has been under fire from Florida Gov. Ron DeSantis over child-care policies. Disney shares fell another 13% after reporting earnings last night.

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