Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek.

During his new term as CEO, Iger will reportedly work with the Board to set the strategic direction for the company and work to develop a successor.

In his absence, Disney has continued to work towards projects involving the metaverse, NFTs and blockchain throughout the year.

In September, Disney started hiring for a principal counsel to work on transactions involving NFTs, the Metaverse, blockchain and decentralized finance (DeFi).

Specifically seeking someone to provide “full product life cycle legal advice and support for global NFT products” and ensure they comply with all current laws and regulations on United States soil and internationally.