Walt Disney Co. promoted the head of its consumer products unit, Bob Chapek, to theme-parks chairman, replacing Tom Staggs.
Chapek starts immediately, Burbank, California-based Disney said Monday in an e-mailed statement. Staggs was elevated to chief operating officer earlier this month, putting him in line to succeed Bob Iger as chief executive officer of the world’s largest entertainment company.
The appointment puts Chapek, 55, in charge of the Disney division with the most employees, and its second-largest by revenue.
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