Chapek had succeeded Iger as CEO in February 2020 and had been given a three-year contract extension this past summer.
The revamped land will feature changes to its play areas and two small new dining options.
Two tiers of Disneyland Magic Keys sold out less than a day after a six-month pause in new sales was lifted.
Adventureland Treehouse will take inspiration from "Swiss Family Robinson," the attraction's original theme.
Fourth quarter revenue and operating income were below financial analysts' expectations.
News roundup: Alice Davis dies / Canada’s fastest launch coaster / WDW performance nixed over mascot
Davis designed costumes for It's a Small World and Pirates of the Caribbean.
In a single day, Disney raised prices on everything from Disneyland tickets to Savi's Workshop.
The new Mickey and Minnie Mouse attraction will debut alongside two new nighttime shows.