A move that shocked Hollywood as Mr Bob Iger returned to Walt Disney.
Bob Iger is one of the most recognised CEOs in the yore of Walt Disney.
Bob Chapek, the former CEO, stepped down right away.
Bob Chapek was able to supersede Bob Iger in 2020.
Bob Iger had a fictitious standing as the leader of Walt Disney.
Previously he worked for 15 years as CEO and acquired Lucasfilm, Pixar, and Marvel.
He retired from the company officially in 2020 after nearly 50 years of service.
Disney stated on Sunday that Bob Iger has consented to function as CEO for two years.
The news is surprising because Chapek renewed his contract in recent times.
Remarkable achievements of Iger, Purchase of 21st Century Fox, and the revival of Disney by Disney Plus.