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News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

R

rio

Well-Known Member
Mr. Sullivan said:
I don’t think so.

Josh has followed a very, very different path to the top than Iger did. So much of what led Iger’s thinking was informed by the roles he held on the way up. Josh has cut his teeth in the parks whereas Iger didn’t. He was a media guy and as such his priority and focus was always on Disney’s media.

Josh has been a loyal second, but I also don’t think we’ve seen very many purely Josh decisions in the parks. While we may not agree with him in the end, I think Josh certainly sees the parks differently than Iger does and he will be a very parks forward CEO whereas Iger was not.
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This actually scares me. Being parks-focused is nice, but Disney is first and foremost a media company. The media usually flows into the parks, and usually not the other way around. Media is also where Disney has floundered the most post-2020. I hope Josh has a close second who can help him boost this part of the business back up, and actually allows creatives in those divisions to be creative again.
 
wannabeBelle

wannabeBelle

Well-Known Member
Mr. Sullivan said:
I don’t think so.

Josh has followed a very, very different path to the top than Iger did. So much of what led Iger’s thinking was informed by the roles he held on the way up. Josh has cut his teeth in the parks whereas Iger didn’t. He was a media guy and as such his priority and focus was always on Disney’s media.

Josh has been a loyal second, but I also don’t think we’ve seen very many purely Josh decisions in the parks. While we may not agree with him in the end, I think Josh certainly sees the parks differently than Iger does and he will be a very parks forward CEO whereas Iger was not.
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One can but hope...... Marie
 
el_super

el_super

Well-Known Member
Mr. Sullivan said:
Josh has been a loyal second, but I also don’t think we’ve seen very many purely Josh decisions in the parks. While we may not agree with him in the end, I think Josh certainly sees the parks differently than Iger does and he will be a very parks forward CEO whereas Iger was not.
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It might be important here to temper expectations. Decision making at that level is rarely based on personal feelings and experiences. Iger didn't just decide to spend $60B on the parks because he came around to the light. Decisions are made after years of researching, hundreds of people working on thousands of analytical reports and powerpoint presentations, and hours upon hours of meetings.

As someone who fully suspected the board/street would never allow another parks chairman to be considered after Chapek, and now facing the possibility I was wrong in that assessment: the only logical conclusion here is that D'Amaro will be promoted because he will more effectively maintain the status quo, and overall, everyone is happy with the current direction of the company.
 
Tha Realest

Tha Realest

Well-Known Member
el_super said:
It might be important here to temper expectations. Decision making at that level is rarely based on personal feelings and experiences. Iger didn't just decide to spend $60B on the parks because he came around to the light. Decisions are made after years of researching, hundreds of people working on thousands of analytical reports and powerpoint presentations, and hours upon hours of meetings.

As someone who fully suspected the board/street would never allow another parks chairman to be considered after Chapek, and now facing the possibility I was wrong in that assessment: the only logical conclusion here is that D'Amaro will be promoted because he will more effectively maintain the status quo, and overall, everyone is happy with the current direction of the company.
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It’s worthwhile to keep in mind how that BOD is comprised, and who was key in selecting them. Status quo and more Igerism necessarily flows out of that.
 
el_super

el_super

Well-Known Member
Tha Realest said:
It’s worthwhile to keep in mind how that BOD is comprised, and who was key in selecting them. Status quo and more Igerism necessarily flows out of that.
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And the board has to answer to Wall Street. No one here is operating with sole control. It's easier to attach a name to decisions you don't like, but maybe harder to digest that multiple groups/organizations/people are all coming to same conclusions.
 
Tha Realest

Tha Realest

Well-Known Member
el_super said:
And the board has to answer to Wall Street. No one here is operating with sole control. It's easier to attach a name to decisions you don't like, but maybe harder to digest that multiple groups/organizations/people are all coming to same conclusions.
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And Wall Street hasn't cared for the board’s answers. Yet here we are.
 
Brian

Brian

Well-Known Member
images.jpeg

Punxatawney Phil predicts six more weeks of Bob.
 
Vegas Disney Fan

Vegas Disney Fan

Well-Known Member
HauntedPirate said:
What will change with Josh as CEO? Nothing. It’s not as if he will suddenly have legions of construction workers at the ready or is bringing Brinks trucks full of cash with him (they already used those for RDJ). The course for the parks is set for the next 5-6 years.
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While new rides are always welcome I don’t think construction (or lack of construction) would even make our top 10 list of grievances and things we want to see changed at the Disney parks, especially since so much of what they do construct is disappointing now.

For us it’s not a lack of new rides that is keeping us away, it’s the mismanagement of the parks themselves, it’s the loss of value for what you pay, it’s the nickel and diming, it’s the loss of shows, etc, etc, etc… all while prices have skyrocketed. If we still got 2016 quality and perks at today’s much higher ticket price we’d still be going monthly, unfortunately all we got was higher prices while much of what created value has been monetized or simply cut.
 
flynnibus

flynnibus

Premium Member
rio said:
This actually scares me. Being parks-focused is nice, but Disney is first and foremost a media company.
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This is a statement that has changed over time as the company has morphed through many different stages of itself.

Eisner and later have turned Disney into a media conglomerate.. especially under Iger where they have built a media warchest to fuel the DTC engine. But this wasn't always Disney... just like Disney the company morphed multiple times in its past too.

In recent decades, Disney has shown they can monetize the parks with good ROI and margins. In the same period, the past role of King.. movie studios.. has waned.. and broadcast has seen it's own sunset. So it shouldn't be a big doubt that Disney has also been shifting investment priorities.

Product shift is hurting classic movie studio models. I don't think anyone has figured it out yet, just like streaming will continue to evolve too.

Disney isn't trying to be a disruptor here.. so we don't get some wild inventor at the wheel.. Disney is a heavy incumbant.. so you're getting more people trying to navigate the storm and find new harbors.
 

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