Disney CEO Bob Chapek’s Contract Might Be Extended at Crucial Board Meeting in Florida

Disney’s Board of Directors is meeting in Florida for their annual retreat, where they will be discussing serious matters involving the company, according to Los Angeles Times. Disney’s CEO, Bob Chapek, is a member of this board, and it’s rumored that Chapek’s contract may be one of the talking points for this meeting.

Image source: Financial Times

From saving Disney during the pandemic and introducing streaming services to the stock dropping below $100 this month. Chapek has had his ups and downs with the company.

With just nine months left on Chapek’s contract, many are speculating whether the CEO will be removed. Considering the circumstances and support from the Disney Boardit looks like Chapek may be here to stay.

Let us know what you think of this conundrum in the comments below!

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