From a business standpoint, the choice makes loads of sense. An inside promotion implies that Disney will stay on the trail that Bob Iger set it on, which prevents uncertainty, which is the factor that Wall Street hates above all. And actually, selections like this are made primarily from a inventory worth perspective. Having stated that, for those who’re a fan of Disney theme parks, there’s loads of cause to be excited by the selection of Bob Chapek. The two main causes, although they could look like conflicting, work very a lot in live performance with one another. For the primary time a former head of the Parks division is the CEO, and the brand new CEO is longer head of the Parks division.