Disney announced today that Bob Chapek will be replacing Tom Staggs as chairman of Walt Disney Parks and Resorts.
He will be replacing Staggs who was recently named chief operating officer of the Walt Disney Company and will most likely be replacing Iger when he retires in 2018.
Chapek has been with Disney for 22 years and was previously the president of Disney Consumer Products. He was president of Walt Disney Studios Home Entertainment before that.
“Bob is stepping into this role at an incredibly dynamic and exciting time for our Parks and Resorts business,” 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.”
James Pitaro was also a rumored replacement for Staggs who currently heads Disney Interactive.