BREAKING NEWS

* Disney Names Bob Chapek CEO, Effective Immediately

*Chapek Was Chairman of Disney Parks, Experiences and Products.

*Disney Says Robert Iger to Assume Role of Executive Chairman Through 2021

*Disney Says Iger Will Direct the Company's Creative Endeavors

*Disney: Robert Chapek's Annual Rate of Base Salary Increased to $2.5M

(MORE TO COME)

(END) Dow Jones Newswires

February 25, 2020 16:37 ET (21:37 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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