Chapek Finds Drama-Free Life in Private Equity
Four years after being let go as CEO of Walt Disney Co., Bob Chapek is building a new career in private equity that's free from corporate drama and Hollywood gossip. The 67-year-old former executive has been advising closely held businesses like NinjaTech AI and Foundry Commercial, and has even been nominated for a board seat at Vail Resorts Inc. by an activist shareholder.
Chapek is also open to raising a private equity fund to acquire new companies, he said in an interview. This move comes after his tumultuous tenure as Disney's CEO, which was marked by controversy and high-profile departures.
The nominee for the Vail Resorts board seat has been put forward by activist shareholder Starboard Value LP, according to regulatory filings.