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Disney: Bob Iger begins major shake-up after returning to firm

Business,Disney,Bob Iger

From the Center

Less than 24 hours after his shock return as Disney's chief executive, Bob Iger says he is planning a major shake-up of the business.

One of his first moves has resulted in the exit of the head of company's Media and Entertainment Distribution division, Kareem Daniel.

Mr Daniel was a close ally of the media giant's former boss Bob Chapek.

On Sunday, Disney announced Mr Iger's return as chief executive less than a year after he retired from the firm.

In a message to employees, seen by the BBC, Mr Iger said "It is my intention to restructure things in a way that honours and respects creativity as the heart and soul of who we are."

"I fundamentally believe storytelling is what fuels this company, and it belongs at the centre of how we organise our business," he said in the email.

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