Bob Chapek Bio | Wiki
Bob Chapek ( Full Name: Robert Alan Chapek) is a popular retired American media executive who worked as the chief executive officer (CEO) of The Walt Disney Company from 2020 through 2022. Prior to becoming CEO, he had a 26-year career with The Walt Disney Company, starting in the Home Entertainment division, and finally rising to serve as Chairman of Parks & Resorts, then to Chief Executive Officer. He, who had a controversial tenure as CEO, was dismissed from the role on November 20, 2022, and then replaced by his predecessor, Bob Iger.
He served for the H. J. Heinz Company in brand management and in advertising for J. Walter Thompson prior to joining The Walt Disney Company in 1993. He was appointed president of Disney Consumer Products in September 2011. Following the acquisition of Lucasfilm, he integrated Star Wars merchandise into Disney’s licensing program, ensuring that Disney became the globe’s largest licensor of intellectual property. In 2013, Chapek got a deal with Hasbro, whereby the toy company paid Disney $80 million in royalties to extend the license for Marvel toys and an agreement for Hasbro to pay Disney up to $225 million for the rights to forthcoming Star Wars merchandise.
Bob Chapek Age
Chapek was born in 1960, in Chicago, Illinois, in the United States. He is 63 years old.
Bob Chapek Height
He is a man of above-average stature. Chapek stands at a height of 6 ft 2 in ( Approx. 1.88m ).
Bob Chapek Family
He was born in the suburbs of Chicago, the son of Marie (Lofay) and Bernard W. Chapek. Chapek grew up in Hammond, Indiana. Chapek’s father was a World War II veteran. Chapek’s family went on annual trips to Walt Disney World.
Bob Chapek Wife
Chapek is married to his wife Cynthia Ann Ford. The two married in 1980. Chapek and Cynthia have three children, including retired Marvel Studios producer Brian Chapek, and four grandchildren.
Bob Chapek Son | Son Marvel
He has a son named Brian Chapek who is a retired Marvel Studios Director, Production & Development, and creative executive. Brian was born on 12 August 1987 in Anaheim, California.
Bob Chapek Education | Indiana University
In 1977, Chapek graduated from George Rogers Clark Jr./Sr. High School. Chapek has a Bachelor of Science degree in microbiology from Indiana University Bloomington as well as a Master of Business Administration from Michigan State University.
Disney CEO Bob Chapek | Disney | CEO | Contract | Disney Plus | Office
He was named chief executive officer of the Walt Disney Company in February 2020 succeeding Bob Iger, who would remain as executive chairman until the end of 2021. This became considered a surprise to many Disney workers, who had seen Kevin Mayer as the heir apparent to Iger. In April 2020, Chapek was appointed to the Walt Disney Company’s board of directors. It was later disclosed, the same month, that while Chapek stayed CEO, Iger had resumed control of the company’s operational duties for the time being, because of the COVID-19 pandemic.
In June 2022, Chapek signed a three-year contract extension to continue working as Walt Disney Company CEO. However, on November 20, 2022, Iger was reinstated as the CEO. As per Disney insiders through CNBC, Iger was formally requested to return as CEO on the previous time, and Chapek was notified of his ouster. The board, via chair Susan Arnold, cited Disney’s negative earnings report released at the start of the month and believed that Bob was “uniquely situated” to lead Disney. Chapek’s exit package was expected to be worth $23.4 million, such as the remainder of his CEO salary at $6.5 million and a pension worth $16.9 million, which was accumulated more than his 30-year career at Disney.
Bob Chapek Memes
In November 2022, many people celebrated Chapek’s predecessor Bob Iger’s return to Disney with memes. Bob to Bob memes circulated all over.
Bob Chapek Religion
His religion is not publicly known, but Chapek also attributes his strong work ethic to his service as an altar boy at St. John the Baptist Roman Catholic Church.
Bob Chapek Political Party | Political Affiliation
He keeps his politics more secretive than Iger, the democrat-turned-independent who preceded him as CEO. In terms of political contributions, in Florida he said that the company has donated to both Republicans and Democrats and that Geoff Morrell, its new chief corporate affairs officer, will be “reassessing” it’s political giving.
Bob Chapek Bob Iger
In 2020, Bob reported his intention to retire. On February 25 that year, the board of directors named Bob Chapek – then-chairman of Disney Parks, Experiences and Products – the new chief executive, while appointing Bob executive chairman (an ad hoc post) to oversee the transition. In April however, the board unexpectedly extended Bob’s mandate until the end of 2021, because of the COVID-19 pandemic.
On December 31, 2021, Bob stepped down and was succeeded by Susan Arnold as chair of the board. However, on November 20, 2022, Chapek was ousted by the Disney board with Bob reinstated as CEO. At the time of his rejoining Disney, Bob initially agreed to hold the post for two years while looking for a successor. However, on July 12, 2023, Bob and Disney extended the contract until the end of 2026.
Bob Chapek Severance | Golden Parachute
Following a chaotic two-year stint as CEO of the Walt Disney Company, Disney directors decided in November 2022 to fire Chapek and rehire previous Disney CEO, Iger. The decision to oust Chapek left him with a $24 Million “golden parachute” payout as his severance.
Bob Chapek Email
Chapek’s email is [email protected].
Bob Iger Bob Chapek Tension
He and CEO Iger’s relationship soured following Iger gave comments to The New York Times about wanting to help him run the company during the pandemic. Many employees have called Iger to express their dissatisfaction with Chapek about his response to Florida’s “Don’t Say Gay” bill.
Bob Chapek Compensation
After being fired as CEO by Disney in 2022, Chapek received a pay package worth $24.18 million for 2022 and is set to receive severance payments worth over $20 million.
Bob Chapek Today
In May 2023, Chapek and a team of other Disney executives were sued for alleged securities fraud. The suit was that they had misled investors about Disney+ subscription numbers to make the service look more successful than it was.
Bob Chapek Approval Rating
He has 739 employee ratings and a score of 67/100, placing them in the Bottom 45% of same-size companies on Comparably with 10,000+ Employees and the Bottom 40% of other companies in Los Angeles.
Bob Chapek Bonus
His compensation package included his base salary of $2.5 million; $10.8 million in stock grants; $3.75 million in stock options; a $6.75 million cash bonus; $282,762 for personal air travel; as well as $53,820 in other compensation.
Bob Chapek Contact
His phone number is (952) 544-3489.
Bob Chapek Shang Chi Experiment
Chapek found himself in hot water with one of his newest leading men following calling the theater release strategy of “Shang-Chi and the Legend of the Ten Rings” an “interesting experiment. However, during the movie’s launch, Marvel Studios president Kevin Feige said that Chapek’s words became misunderstood.
Bob Chapek Pronunciation
CHAP-ick chap: a in chap is pronounced as ‘a’ in “hat” ek: e in ek is pronounced as “i” in “it”.
Bob Chapek Salary | Annual Salary
He earns a satisfying amount from his work as a media executive who worked as the chief executive officer (CEO) of The Walt Disney Company from 2020 until 2022. Chapek’s average salary is $2.5 million per year.
Bob Chapek Net Worth
Chapek gets his wealth from his work as a media executive who worked as the chief executive officer (CEO) of The Walt Disney Company from 2020 until 2022. Therefore, Chapek has accumulated a decent fortune over the years. Chapek’s net worth is $50 million.
Who Is Bob Chapek
He is a media executive who worked as the chief executive officer (CEO) of The Walt Disney Company from 2020 until 2022. Chapek also served as Chairman of Disney Parks, Experiences, and Products. In his role as CEO, he oversaw all of the Company’s business segments and corporate functions.
How Old Is Bob Chapek
Chapek is a 63-year-old who was born in 1960, in Chicago, Illinois, in the United States.
How Much Does Bob Chapek Make
He has accumulated a decent fortune over the years from his work as a media executive. Chapek’s net worth is $50 million.
How Much Is Bob Chapek Worth
Chapek’s net worth is $50 million. Chapek has accumulated a decent fortune over the years.
How Much Does Bob Chapek Make A Year
He is a media executive who worked as the chief executive officer (CEO) of The Walt Disney Company from 2020 until 2022 whose average salary is $2.5 million per year.
Is Bob Chapek A Good CEO
His downfall arose, at least in part, out of his bungled response to Florida’s controversial Parental Rights in Education bill, dubbed the “Don’t Say Gay” bill by critics. Chapek; ‘s decisions had far-reaching effects on both Disney’s reputation and on the company’s “favored nation” status in the state.
Chapek’s Social Media Account
Instagram – bobchapek
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