Disney Hosts Town Hall on CEO Transition but Details Are Still Thin

Disney hosted a town hall Wednesday morning to discuss yesterday’s surprise announcement that longtime CEO Bob Iger would be immediately stepping down, though the event was reportedly thin on details.Deadline reported that the company’s hour-long town hall, which was held at Disney’s lot in Burbank, did not offer any insights on why Iger departed the company.

Iger took the stage with new Disney CEO Bob Chapek and though there was a Q&a session following their remarks, most employees used their time to thank Iger for his work, according to Deadline.Iger’s Disney reign—he became CEO in 2005—was a period of significant expansion for the company: Disney acquired Pixar, Lucasfilm, Marvel Entertainment, and 21st Century Fox (and therefore Hulu) during Iger’s tenure.

While Disney is expected to continue building out the “Star Wars” franchise and its Marvel Cinematic Universe for years to come,

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