NEWS: Bob Chapek's "Right-Hand Man" Is Leaving The Walt Disney Company

On November 20th, The Walt Disney Company announced that Bob Iger would be taking over as CEO and Bob Chapek would be stepping down from the role.

Since then, celebrities and Disney fans have shared their thoughts on social media, stock is on the rise, and we found out more about why this change was made. Now, though, another Disney executive is leaving the company.

According to The Hollywood Reporter, Kareem Daniel, who was a Chairperson of Disney Media and Entertainment Distribution, is leaving Disney. Kareem Daniel was known as Chapek’s “right hand man” and is leaving after Chapek stepped down from the board and as CEO.

Wall Street analysts have been expecting a shift in Disney’s streaming division as Iger is set to help with the company’s streaming strategy.

Iger wrote a note to employees on Monday saying, “I’ve asked Dana Walden, Alan Bergman, Jimmy Pitaro, and Christine McCarthy to work together on the design of a new structure that puts more decision-making back in the hands of our creative teams and rationalizes costs, and this will necessitate a reorganization of Disney Media & Entertainment Distribution. As a result, Kareem Daniel will be leaving the company, and I hope you will all join me in thanking him for his many years of service to Disney.”

When Bob Chapek took over as CEO in February of 2020, he chose Daniel to be the head of the division after working with the company for 14 years at the time.

If you want to learn more about the situation, check out our articles below: