There was widespread surprise when Iger announced his retirement in February. In hindsight it appears to me that his expectations for Covid 19 related park closures may have played a role. I believe Chapek knows the parks better and so he may have believed better for everyone if Chapek took over early. I do not have any info about his retirement package and if impacted by the stock price decline but for his legacy he sure picked an opportune time to resign as CEO.
I am sure some of you have more information than I have and so better insight.
I am sure some of you have more information than I have and so better insight.