home · filing · 0001744489-22-000200
8-K filed November 21, 2022, 6:59 PM ET
ticker DIS
CIK 0001744489
leadership
confidence high
sentiment positive
materiality 0.85
Disney reappoints Bob Iger as CEO, replacing Bob Chapek effective immediately
Walt Disney Co
Robert A. Iger returns as CEO for a term ending Dec 31, 2024; also appointed to the Board.
Bob Chapek terminated without cause; receives separation benefits per prior agreement.
Iger's base salary is $1M; eligible for annual target bonus of 100% of base salary.
Long-term incentive target of $25M per fiscal year: 60% PSUs with 2-year vest, 40% stock options vesting Dec 31, 2024.
Iger to work with Board on succession; Chairman Susan Arnold remains unchanged.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Robert A. Chapek
Chief Executive Officer
Effective 2022-11-20
Successor Robert A. Iger
Filed November 21, 2022, 6:59 PM ET
The Company exercised its right to terminate without cause the employment of Robert A. Chapek as Chief Executive Officer.
Appointed
Robert A. Iger
Director
Effective 2022-11-20
Filed November 21, 2022, 6:59 PM ET
The Company’s Board of Directors (the “Board”) also appointed Mr. Iger to serve as a Director on the Board with a term expiring at the 2023 Annual Meeting.
Appointed
Robert A. Iger
Chief Executive Officer
Effective 2022-11-20
Filed November 21, 2022, 6:59 PM ET
On November 20, 2022, The Walt Disney Company (the “Company”) appointed Robert A. Iger as Chief Executive Officer for a term ending December 31, 2024.
Departed
Robert A. Chapek
Director
Effective 2022-11-20
Filed November 21, 2022, 6:59 PM ET
Effective as of the termination, Mr. Chapek also resigned from the Board pursuant to the terms of his employment agreement.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert A. Chapek was terminated as Chief Executive Officer at Walt Disney Co.
Action terminated
Role Chief Executive Officer
Exact text from the filing
The Company exercised its right to terminate without cause the employment of Robert A. Chapek as Chief Executive Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert A. Iger was appointed as Director at Walt Disney Co.
Action appointed
Role Director
Exact text from the filing
The Company’s Board of Directors (the “Board”) also appointed Mr. Iger to serve as a Director on the Board with a term expiring at the 2023 Annual Meeting.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert A. Iger was appointed as Chief Executive Officer at Walt Disney Co.
Action appointed
Role Chief Executive Officer
Exact text from the filing
On November 20, 2022, The Walt Disney Company (the “Company”) appointed Robert A. Iger as Chief Executive Officer for a term ending December 31, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert A. Chapek resigned as Director at Walt Disney Co.
Action resigned
Role Director
Exact text from the filing
Effective as of the termination, Mr. Chapek also resigned from the Board pursuant to the terms of his employment agreement.
View on SEC.gov
Source: SEC EDGAR
accession 0001744489-22-000200
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