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Bob Iger is back as Disney CEO. Here's everything we know so far

The media giant announced late Sunday former CEO Bob Iger would return to the helm, replacing Bob Chapek, who took over the top executive spot more than two years ago.
Bob Iger is back as Disney CEO. Here's everything we know so far
Chapek took over right before the start of the COVID-19 pandemic. While it benefited Disney+, as many people stayed home and streamed movies or TV shows, the pandemic also closed down Disney parks for an extended period.
Although Disney+ has made significant subscriber gains, it's losing money.
Price changes for Disney+ will take effect next month. The standard plan will go up to $10.99, along with the introduction of a new, lower-cost tier with ads.
How much will Iger make?
Iger's annual compensation package is valued at $27 million each year he's back.
That includes a $1 million base salary, a $1 million target bonus and stock awards with a $25 million target value. Iger's total compensation at the end of the year can be greater or less than the target value, depending on Disney's performance and its stock price.
How is Disney stock responding?
Investors appear thrilled at Iger's return. Shares rose more than 6% on Monday to close at $97.58.
“We believe there is little doubt that investors will applaud this move,” wrote Citi analyst Jason Bazinet. “The Street likes Mr. Iger almost as much as we do. We view his return as an unalloyed positive.”
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