Disney Trades Bob Chapek in for Bob Iger as Disney CEO 11/21/22

Disney’s board announced late last night that CEO Bob Chapek is out and Bob Iger is back in, marking the end of a tumultuous, nearly three-year tenure by Chapek. Financial Times’ Alex Barker gives the latest developments. Plus, the 2022 World Cup kicked off yesterday with the host nation Qatar falling to Ecuador. Washington University in St. Louis’ Patrick Rishe discusses the sports streaming landscape. And, AAA estimates more than 54 million people will travel over the Thanksgiving holiday, or about 98% of pre-pandemic levels this year. The Points Guy’s Brian Kelly explains what this means for the travel outlook.