'New structures' | Disney's returning CEO plans big shake-up for firm - here's what he should leave alone

The Walt Disney Company has reappointed Bob Iger as CEO, less than one year after leaving the company.

Effective immediately, Iger, who spent more than four decades at the Company, including 15 years in a previous stint as CEO, has replaced Bob Chapek as chief and will serve in the role for two years, with a mandate from the Board to drive company growth and identify his own successor.

“The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.” said Susan Arnold, Chairman of the Board.

The company had endured a tough few months, resulting in share prices nosediving and financial losses in the billions.