Bob Chapek Named Chairman, Walt Disney Parks and Resorts
BURBANK, Calif.—Bob Chapek has been named Chairman, Walt Disney Parks and Resorts, it was announced today by Robert A. Iger, Chairman and Chief Executive Officer, and Thomas O. Staggs, Chief Operating Officer, The Walt Disney Company.
A 22-year veteran of The Walt Disney Company, Mr. Chapek has served since 2011 as President of Disney Consumer Products, driving a technology-led transformation of the Company’s consumer products, retail and publishing operations. He assumes his new role effective immediately.
“Under Bob’s leadership, Consumer Products has seen great success, focusing on brands and a franchise-driven strategy while launching new products and retail experiences that combine technological innovation and creativity,” Mr. Iger said. “He is an experienced and versatile executive well-suited to lead Parks and Resorts into the future.”
As Chairman of Parks and Resorts, Mr. Chapek succeeds Mr. Staggs, who was named Disney’s Chief Operating Officer earlier this month. Mr. Chapek will report to both Mr. Iger and Mr. Staggs.
“Bob is stepping into this role at an incredibly dynamic and exciting time for our Parks and Resorts business,” Mr. Staggs said. “The ongoing construction of Shanghai Disney Resort as well as the new Avatar-themed land at Walt Disney World continues an era of unprecedented growth and historic expansion.”
“I am grateful for the many opportunities I have had during my years at Disney, and am thrilled to join the incredible Disney Parks organization,” Mr. Chapek said. “I look forward to working with the remarkably talented team dedicated to creating magical memories for millions of guests around the world.” A successor to Mr. Chapek at Disney Consumer Products will be named at a later date.
Prior to leading Disney Consumer Products, Mr. Chapek served as President of Distribution for The Walt Disney Studios from 2009 to 2011, and was responsible for overseeing the Studios' overall content distribution strategy across multiple platforms including theatrical exhibition, home entertainment, pay TV, digital entertainment and new media. He also served as President of Walt Disney Studios Home Entertainment, where he spearheaded the successful “vault strategy” for the company’s iconic films and transformed the primary format of home entertainment from DVD to Blu-ray.
Before joining Disney in 1993, Mr. Chapek worked in brand management at H.J. Heinz Company and in advertising at J. Walter Thompson.
Mr. Chapek earned a B.S. in Microbiology at Indiana University Bloomington and an MBA from Michigan State University.
Does this mean more gift shops instead of rides?
While you cannot argue with the successes this of key player. After all it was his division that allowed Disney to blow away the most recent Wall street expectations. And I understand that Disney is a business.
BUT I am somewhat filled with trepidation that the the guy in charge of the parks now, is the guy who Pioneered the triple packaging that nobody wanted (Blu-Ray, DVD, Digital Download) but made it their only choice.
I can see it now. No more single item food sales. You must accept a whole meal with no substitutions. Want a hot dog? It comes with Fries and a Coke no matter what. Want another hot dog? It comes with Fries and a Coke.
How bout fast pass+ packaging.
Want a fast pass to Space mountain? No problem. Fantasyland package #1 is Space Mountain, Small World, and Cinderella's Carousel. Frontierland #3 package comes with Tom Sawyer Island, Big Thunder Mt., and Country Bear Jamboree. Maybe he will stay true to his roots, and the newly renovated area in front of the Castle will not be open plaza but the new "Land" line it with kiosks and shops and it becomes MerchandiseLand.:sick: