The Latest Breaking News from Bob Chapek

After 40 years of researching leadership and discussions with Bob Iger and Bob Chapek, Yale's Jeff Sonnenfeld shares his thoughts on Disney's transition.

Bob Iger's return to the Walt Disney Co. was greeted with glee by Wall Street and Hollywood's creative community. His 15-year tenure leading Disney — which included the landmark acquisitions of Pixar, Marvel, Lucasfilm and 21st Century Fox — made the industry believe he had an almost magic touch.

The job increasingly requires a mix of empathy, humility, and confidence.

He plans to restructure the firm "in a way that honors and respects creativity as the heart and soul of who we are."

Disney casts former CEO in his own sequel, replacing the man he'd picked to succeed him at the helm of the entertainment giant

Walt Disney Co.'s bombshell news Sunday night that Bob Iger would return as chief executive sent shock waves throughout the Burbank entertainment giant, Hollywood and Wall Street.

Wall Street says you can go home again, as shares of Walt Disney Co. spiked Monday on the news that Bob Iger is returning as chief executive of the media and entertainment company.

Paris (AFP) - In a dramatic twist worthy of a "Star Wars" spin-off, Disney ditched CEO Bob Chapek and brought back Bob Iger, Hollywood's most respected executive, who faces a huge challenge to revive the Magic Kingdom.

Disney stocks rose after news of Iger's return following Chapek's tumultuous tenure as CEO