Disney's big succession fail

The sudden replacement of Disney CEO Bob Chapek with his revered predecessor Bob Iger represents a shocking ending to a bitter power struggle that's been building between the two executives for the past two years.

Why it matters: The move marks one of the messiest corporate succession failures in recent memory. Iger's return may satisfy anxious investors, but eventually, Disney will need to find another CEO to run the company.

Details: In a statement Sunday evening, Disney said Iger will return to the company as chief executive, effective immediately, for...