Robert "Bob" Chapek is an American media executive and businessman who became the chief executive officer (CEO) of The Walt Disney Company on February 25, 2020. Before his appointment to replace Bob Iger as CEO, he had a 26-year career with the company in their Home Entertainment division and served as the Chairman of Disney Parks, Experiences and Products from 2015 to 2020.

Early life

Robert Chapek was born on August 21, 1960 in Hammond, Indiana to a working mother and World War II veteran father. Because both of his parents worked, Chapek described himself as a "latch-key kid" at a time when this was uncommon and said that watching both of his parents do their job instilled an ethic in him to work hard for the nicer things in life. Additionally, his family visiting Walt Disney World on annual trips made a permanent impact on Chapek by inspiring and influencing him to work for Disney.

After graduating from Clark High School in 1977, Chapek later went on to get his bachelor's degree in microbiology at Indiana University Bloomington and his Master of Business Administration Degree at Michigan State University.


Chapek began his ca­reer with the Walt Dis­ney Com­pany in 1993 as the mar­ket­ing di­rec­tor for the com­pany's Buena Vista Home En­ter­tain­ment di­vi­sion, which at that point was still very much fo­cused on VHS tapes. The then-CEO Michael Eis­ner de­scribed Chapek by say­ing, "He was al­ways an ex­ec­u­tive that you knew would be on the rise... He knew how to grow the busi­ness while ad­just­ing to the chang­ing mar­ket­place, which was in­tense." Chapek is cred­ited for bring­ing Dis­ney's home en­ter­tain­ment di­vi­sion into the dig­i­tal age, by fo­cus­ing on re­leas­ing prop­er­ties on DVD and later Blu-ray discs. As a result, he was promoted in July 2006 to become the president of Buena Vista Home Entertainment, which included all home video, DVD, and Blu-ray releases for all of the various division.

On Feb­ru­ary 23, 2015, Chapek was named chair­man of Walt Dis­ney Parks and Re­sorts ef­fec­tive that day to re­place Thomas O. Staggs, who was pro­moted to Dis­ney Com­pany Chief op­er­at­ing of­fi­cer ear­lier in the month. Chapek im­me­di­ately began work­ing to­wards the com­ple­tion and launch of Shang­hai Dis­ney­land in 2016, which hosted over 11 mil­lion guests in its first year of operation. He also over­saw the com­ple­tion and launch of Pan­dora – The World of Avatar at Dis­ney's An­i­mal King­dom in 2017. Chapek also di­rectly man­aged the con­struc­tion and open­ing of the new Star Wars: Galaxy's Edge lands at Dis­ney­land and Walt Dis­ney World. Chapek said of Galaxy's Edge, "It's the most im­mer­sive land we have ever built," cit­ing the themed restau­rants, shops and roam­ing in­ter­ac­tive char­ac­ters. Dis­ney re­port­edly spent $1 bil­lion on the sprawl­ing 14-acre land in Dis­ney­land in Ana­heim, prompt­ing CNN to com­ment that "Dis­ney spared no expense."

As Chair­man of Parks and Re­sorts, Chapek in­vested over $24 bil­lion into the theme parks, at­trac­tions, ho­tels and cruise ships, which was more money than Dis­ney spent in ac­quir­ing Pixar, Mar­vel and Lu­cas­film com­bined. In the fall of 2017, after parks and re­sorts recorded at 14% in­crease in op­er­at­ing in­come, many in the media began to spec­u­late that Chapek would likely suc­ceed Bob Iger as the next Dis­ney CEO. In Feb­ru­ary 2020, this speculation would become reality when Chapek was named chief ex­ec­u­tive of­fi­cer of The Walt Dis­ney Com­pany and re­plac­ed Bob Iger, who would re­main as Ex­ec­u­tive Chair­man until 2021. However, it was later re­vealed that Iger had re­sumed con­trol of the com­pany's op­er­a­tional du­ties while Chapek re­mained CEO for the time being, due to the COVID-19 pan­demic.

External links

This page uses content from the English Wikipedia page Bob Chapek. The list of authors can be seen in the page history. Text from Wikipedia is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply.

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