Bob Iger
Disney CEO Bob Iger.
  • Bob Iger returned to Disney as CEO in November, ending Bob Chapek's rocky tenure.
  • Iger announced massive layoffs and a restructure as Disney faces mounting financial challenges.
  • Here's everything you need to know about what led to Chapek's ouster and what comes next.

In one of the most dramatic reversals in corporate history, the Walt Disney Co. board reinstated Bob Iger as CEO in November, ousting his predecessor Bob Chapek.

The return of Iger, who had previously served as CEO for 15 years before Chapek took over, set off a flood of Wall Street investor notes focused on the challenges facing Iger — analysts and Hollywood industry observers also scrutinized Chapek's rocky tenure and his selection as CEO.