According to The Hollywood Reporter, Iger has once again found himself as CEO the Walt Disney Corporation, with his successor Bob Chapek stepping down after a two years. We don’t have any specifics as to why Iger has been brought back, but some say it could have been because of some major missteps by Chapek, from moving too slow when it comes to supporting an LGBT+ bill, to the recent news that had been floating around that Disney has been forced to freeze all hiring processes.

Iger said in a statement:

“I am extremely optimistic for the future of this great company and thrilled to be asked by the Board to return as its CEO… Disney and its incomparable brands and franchises hold a special place in the hearts of so many people around the globe—most especially in the hearts of our employees, whose dedication to this company and its mission is an inspiration. I am deeply honored to be asked to again lead this remarkable team, with a clear mission focused on creative excellence to inspire generations through unrivaled, bold storytelling.” 

If anything, Iger’s return won’t be for the long run, as he is said to have only signed up for two years, with the intention of him using that time to groom the next CEO to take over. Though Chapek did have to tackle a pandemic when he started out, a lot of people have been saying that his approach was too focused on looking at the numbers, as  compared to Iger who was said to have valued creativity and vision when it came to the brand.

We don’t know what will happen with Iger back, but some fans are actually breathing a sigh of relief. Let’s just wait and see what happens.