The Latest Breaking News from Bob Iger

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.

Five months ago, Bob Chapek seemed firmly in control.

Should the returning CEO implement these ideas, maybe the studio can get rapidly back on track

Trouble had been brewing for months as CFO Christine McCarthy and other senior figures campaigned with the Disney board to force Chapek out.

Former CEO Bob Chapek was "in office but not in power."

There's something to be said about a known quantity, particularly when it comes to chief executives.

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.

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