Disney replaces CEO Bob Chapek with Bob Iger after just two years | USA TODAY

Bob Iger returns to his position as head of Disney, replacing Bob Chapek, who has faced backlash in recent months.

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The Walt Disney Company announced late Sunday that former CEO Bob Iger will return to head the company for two years in a move that stunned the entertainment industry.

Disney said in a statement that Bob Chapek, who succeeded Iger in 2020, had stepped down from the position. Disney board chair Susan Arnold thanked Chapek for his leadership during “the unprecedented challenges of the pandemic.”

She said directors believed Iger was “uniquely situated” to guide the entertainment behemoth during “an increasingly complex period of industry transformation.”

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