Favreau is currently the showrunner and executive producer of the "The Mandalorian" for Disney+.
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Actor Robert Downey Jr. and Chef Roy Choi were among those on hand for the unveiling ceremony.
Favreau wrote, directed, produced and starred in the 2014 indie hit "Chef" and also starred in the 1996 cult classic "Swingers."
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Disney is the parent company of this ABC station.