Walt Disney Co. has named longtime board member Susan Arnold as its new chair to replace Bob Iger when he leaves the company at the end of this year.
Iger was chief executive of the Burbank entertainment colossus for 15 years before he was replaced by Bob Chapek in February 2020.
The board transition is the latest step in a broader changing of the guard at Disney as multiple top leaders follow Iger out the door. Iger is leaving Disney for good at a critical time as Chapek tries to turn the company into a bigger streaming giant.
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