New Disney CEO’s First Big Challenge Is Coronavirus Crisis
- Company’s theme parks in Shanghai, Hong Kong remain shut
- Infections spreading worldwide, raising risks to businesses
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Walt Disney Co. Chief Executive Officer Bob Chapek is taking the helm at a perilous time for the company in China.
The deadly coronavirus outbreak has forced Disney to temporarily shut its Shanghai and Hong Kong theme parks, while cinemas across the mainland remain closed, raising the likelihood of postponing planned film debuts in the country. Infections are spreading worldwide, while the disease has killed more than 2,700 people.