
Category: Disney earnings
Disney shares jump as Bob Iger returns to lead the company after shock dismissal of CEO
Returning Disney CEO Bob Iger. Photo by Kimberly White/Getty Images for Vanity Fair Disney inventory rose over 8% in premarket Monday after Bob Iger’s shock return as CEO. Iger will exchange Bob Chapek, who was ousted as CEO, whereas working the company seems for a successor. Chapek was dismissed after Disney posted dismal quarterly earnings and a $1.5 billion loss. Disney shares rose nearly 9%…