Bob Chapek Named Chief Executive Officer of The Walt Disney CompanyRobert A. Iger Assumes Role of Executive Chairman through 2021Mr. Iger Will Direct the Company’s Creative EndeavorsMr. Chapek Brings 27 Years of Successful Leadership Experience across Disney’s Parks, Consumer Products and Studio BusinessesBURBANK, Calif., February 25, 2020—The Walt Disney Company (NYSE: DIS) Board of Directors announced today that Bob Chapek has been named Chief Executive Officer, The Walt Disney Company, effective immediately. Mr. Chapek most recently served as Chairman of Disney Parks, Experiences and Products.Robert A. Iger assumes the role of Executive Chairman and will direct the Company’s creative endeavors, while leading the Board and providing the full benefit of his experience, leadership and guidance to ensure a smooth and successful transition through the end of his contract on Dec. 31, 2021.