Walt Disney's Iger steps down as CEO, Parks head Chapek to take reins

Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek. Iger is still keeping a significant role at the company. He will assume the post of executive chairman and direct the company's "creative endeavors" until his contract ends on Dec. 31, 2021, Disney said.

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