Chapek had succeeded Iger as CEO in February 2020 and had been given a three-year contract extension this past summer.
The latest rumors suggest previews for the coaster could start in late March 2023.
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.
News roundup: ‘Frozen’ at Blizzard Beach / Cedar Point holiday event / American Dreier Looping update
Olaf and friends are taking over parts of the Tike's Peak section of Blizzard Beach.