Disney Shocker: Bob Iger Returning as
CEO, Bob Chapek Exits
Hollywood Reporter,
by
Alex Weprin
Original Article
Posted By: Dreadnought,
11/20/2022 10:02:24 PM
In a stunning turn of events, The Walt Disney Co. says that Bob Chapek will step down as CEO, with Bob Iger returning to lead the company.
“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” said Susan Arnold, Chairman of the Board. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”
Reply 1 - Posted by:
Dreadnought 11/20/2022 10:02:43 PM (No. 1338875)
Iger is the architect of woke Disney.
25 people like this.
Reply 2 - Posted by:
scottj 11/20/2022 10:08:22 PM (No. 1338876)
Liberals have ruined Disney. Just like everything else they touch.
48 people like this.
Reply 3 - Posted by:
gop_guys 11/20/2022 10:28:57 PM (No. 1338883)
If longtime L.Com poster #1vsays it, I believe it.
15 people like this.
Reply 4 - Posted by:
Califedup 11/20/2022 10:42:57 PM (No. 1338887)
This is like replacing the captain of the sinking Titanic with the Captain who first ran it into the iceberg. Disney stock was nose diving before that meat head Chapek took over and Iger is the one who brought on all the angry bitter woke women and men thereby laying the groundwork for Disney's demise. In the end this will not save Disney. Good.
31 people like this.
Reply 5 - Posted by:
zephyrgirl 11/20/2022 10:50:09 PM (No. 1338889)
Disney signed Chapek to a new contract in June. It will probably cost Disney a pretty penny to get out of it.
21 people like this.
Reply 6 - Posted by:
Rich323 11/20/2022 10:59:42 PM (No. 1338892)
If not for Governor DeSantis, Disney World might be six feet under. Thousands of jobs and state tax revenue lost etc. Many Florida Disney personnel have worked there for decades and would be happy to get rid of west coast operations who opened the wine doors. Given the chance the employees would buy the company and return it to the America loving, high personal standards, Disney of old. West coasters ruin everything they touch!
17 people like this.
Reply 7 - Posted by:
Rich323 11/20/2022 11:00:35 PM (No. 1338894)
Woke doors!
8 people like this.
Reply 8 - Posted by:
brutuspug 11/20/2022 11:17:15 PM (No. 1338903)
Dear wife and I went to high school with Bob Chapel in the late 70's in a NW Indiana blue collar town. He was always a nice, normal, conservative guy until the coastal elites corrupted him. A real shame.
16 people like this.
Reply 9 - Posted by:
brutuspug 11/20/2022 11:18:11 PM (No. 1338904)
Chapek
4 people like this.
Reply 10 - Posted by:
LadyHen 11/20/2022 11:19:16 PM (No. 1338905)
Iger is a vain vain man who started the ball rolling on Disney's demise BUT being vain he may actually care about the legacy he leaves. Thus he may realize his pick of Chapek was very stupid. Let's hope he gets Disney out of politics and back on track before they collapse.
Disney is an American icon started by deeply patriotic men who loved this country. I hope can be rehabilitated.
Iger, your staff and their training are the key, not the attractions or the IPs or the acquisitions. Walt knew this. People are the key. Walt was a genius.
11 people like this.
Reply 11 - Posted by:
Cindiana 11/20/2022 11:33:07 PM (No. 1338909)
Fellow Hoosier in #8 shares a very interesting bit of info about Bob C. I had no idea BC is from the Midwest.
Highland High School grad here!
5 people like this.
Reply 12 - Posted by:
JHHolliday 11/21/2022 12:05:22 AM (No. 1338917)
‘Shocker”? Not really. Chapel made things worse for an already damaged Disney. The attempt by Chapek to reverse the law that banned sexual instruction to children under 8 was completely bungled and there is no telling how many customers Disney lost because of it. It’s amazing to me how supposedly smart executives can be so tone deaf along with a lack of common sense. They paid this guy millions a year to put Disney in the toilet. These guys are supposed to be smart businessmen but I wouldn’t let them manage the local coffee shop.
15 people like this.
Reply 13 - Posted by:
brutuspug 11/21/2022 12:15:41 AM (No. 1338918)
Chapek (and ourselves) attended Clark high school in Hammond, IN (Whiting area, just outside of Chicago). It is a great steel mill and (Standard, Amoco, BP) oil refinery town. A true melting pot of hard working Poles,Czecks,Slovacs, hispanics, Greeks and Kentucky hill folk who raised, educated, and churched their children (us) in an old fashioned way such that we as conservatives were excited to see Bob Chapek take the tiller at Disney a few years ago. Unfortunately Bob lost his compass and folded to the leftists. I am nothing but an old retired refinery Inspector, but I would not be happy to see Bob at my folks house again ( a place he's been many times as an old friend of my sisters). He has let Indiana and America down and it is just pitiful.
17 people like this.
Reply 14 - Posted by:
smokincol 11/21/2022 1:05:05 AM (No. 1338925)
sssso, how warm and fuzzy is that supposed to make Disneyites feel? once the LGBTQRSTUVWXYZ people get entrenched there is nothing that will move them out, except to hurt their feelings ...and ... that's against the law, which no other segment of our population has
8 people like this.
Reply 15 - Posted by:
EJKrausJr 11/21/2022 2:56:27 AM (No. 1338952)
It could be worse, Eisner. Disney under Iger will still be Woke Mickey.
7 people like this.
Reply 16 - Posted by:
NullUnit60 11/21/2022 4:56:57 AM (No. 1338960)
Chapek's role as the scapegoat came sooner than I had anticipated.
Disney is bad shape now, it will be worse in two or three years.
5 people like this.
Reply 17 - Posted by:
5 handicap 11/21/2022 5:53:56 AM (No. 1338970)
Brilliant!!! Replace garbage with dog excrement! Teah, that'll work. Still rejoicing to have sold all my Disney two years ago!
9 people like this.
Reply 18 - Posted by:
RWPollock 11/21/2022 6:37:04 AM (No. 1338986)
Chapek is an idiot. He should have been smarter. Time will tell with Iger. The Florida reaction toward Disney is representative of how the country feels about the corporation. If Iger does not read the tea leafs properly not only will he be gone Disney may never recover or will take a very long time to recover. Too many soccer Moms have stopped buying Disney products. There is a time and place to learn about sex and sexual orientation, a four year olds Disney cartoon is not the time nor the place. Third grade in school is not the place either! Wise Up Disney. Half the American buyers are not on your side right at the moment.
7 people like this.
Reply 19 - Posted by:
F15 Gork 11/21/2022 7:18:47 AM (No. 1338999)
The Disney Dream died with its creator. It’s turned into a nightmare.
8 people like this.
Reply 20 - Posted by:
Miceal 11/21/2022 7:28:54 AM (No. 1339004)
Fire, meet frying pan. Disney, never again...
8 people like this.
Reply 21 - Posted by:
lakerman1 11/21/2022 8:09:19 AM (No. 1339040)
Chapek didn't understand the concept of 'price point.'
Iger did, and may still understand it.
We shall see.
3 people like this.
Reply 22 - Posted by:
Strike3 11/21/2022 8:09:28 AM (No. 1339041)
"Step down" means fired for driving the company into the red ink of failure. The new/old guy won't do any better now that parents know that the Magic Kingdom has become a pedophile's dream.
5 people like this.
Reply 23 - Posted by:
anniebc 11/21/2022 8:15:57 AM (No. 1339047)
Insanity.
2 people like this.
Reply 24 - Posted by:
Rumblehog 11/21/2022 8:17:40 AM (No. 1339049)
Iger was angry at Chapek for not speaking out quickly enough over the Florida, "Don't Say Gay" bill (as the homo-left call it).
Apparently, the little man, Iger, still retains enough sway with the Board of Directors that he undercut Chapek, and since he's no doubt become a majority shareholder with all the stock given to him during his tenure at Disney, he can easily convince them to allow him back at the helm to save HIS ill-gotten wealth.
Shareholders should be OUTRAGED that a former "insider" is being allowed back in to do mare harm, especially after already reaching corporate age limits to depart. They desperately need an outsider to come in and clean house and "right" the ship of Disney.
7 people like this.
Reply 25 - Posted by:
zephyrgirl 11/21/2022 9:15:59 AM (No. 1339093)
I doubt Iger is the answer to Disney's problems. A thorough house-cleaning in the "creative" departments would be a start.
5 people like this.
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