CNBC News Corrections

Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures 'Avengers: Endgame' at Los Angeles Convention Center on April 22, 2019.
Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

This story has been corrected to reflect that Bob Chapek was CEO of Disney for nearly three years. An earlier version misstated his tenure.