News Bob Iger is back! Chapek is out!!

[eddie104]

I’m shocked and can’t believe it.

 

[Joel]

Laughing so hard right now at the apologists who were rolling with the narrative that since the board had extended Chapek's contract, he was obviously doing a great job.

 

[csmat99]

Bob Chapek always seemed like he absolutely hated the products his company produced. Not holding my breath that Iger is going to somehow make WDW affordable again though.

It will never be affordable again but at least give us the product we deserve versus paying for nothing (genie +) And it's only for two years so hopefully they will finally bring someone in who truly has a vision and loves the parks.

 

[imagineer boy]

Yay

 

[AndyS2992]

 

[jbulkley78]

Thank goodness. He's done enough damage. Hopefully The Real Bob can right the ship quickly.

 

[kingdead]

Wooooooooof.... he does not give up! I thought that there would be someone swooping in to save the day but I didn't think that it would be Iger himself!

Waiting for the gossip on this one...

 

[RSoxNo1]

Look Bob Chapek gets a lot of crap, but he did manage to bring back parking lot trams at 2 of the 4 Florida parks.

 

[Model3 McQueen]

I want to be happy but it’s still Bob Iger so I really can’t.

Best case scenario is they brought back Iger as a temp and will find a theme park culture loving CEO

 

[drod1985]

This is awesome news.

All Iger has to do is unwind 20% of the un-guest-friendly park decisions made under Chapek and he'll be hailed a hero.

 

[Zummi Gummi]

Best case scenario is they brought back Iger as a temp and will find a theme park culture loving CEO

The press release said 2 years.

(But how many times was Iger supposed to stay “just two more years”?)

 

[gerarar]

Look Bob Chapek gets a lot of crap, but he did manage to bring back parking lot trams at 2 of the 4 Florida parks.

1.5 months for Bob 1 to bring back the remaining 2 trams and deliver on Disney's promise to bring them all back by year's end!

 

[FigmentFan82]

Wow, this is wild!! Freaking crazy!!

 

[rljackson]

As a stockholder I am relieved. Maybe I can recoup some or all of the losses over the last few years with better leadership. As a parks fan, I hope we can return to the quality experience of the past.

 

[Figments Friend]

Wow....


Did not hear anything about this and was not expecting such a move.
Sideswiped.

This can only be a good move when compared to Chapek.
Just....wow.

Watching this with interest.

-

 

[HM Spectre]

I mean… Iger hand picking Chapek got us into this mess in the first place. Maybe this time he can find a guy with at least one creative bone in his body

 

[World_Showcase_Lover007]

The best part of this is that Chapek is gone from Disney completely. No more departments for him to mess up. Disney…where dreams really do come true!

 

[Jedijax719]

Is this an early April Fool's joke?

 

[Doberge]

I get why the Board chose Iger in a pinch but I do not understand why they're giving him another chance to identify a successor. He extended his stay for years for different reasons and most of was explained as overseeing acquisitions, but I don't know how one looks past that it took years and years to identify a successor and that Chapek was his selection.

Chapek was open about tightening the pursestrings and obviously that wasn't the direction the Board wanted to go, so I guess our best guess for the future is someone the opposite of Chapek? Early Eisner years?

 

[ToTBellHop]

I mean… Iger hand picking Chapek got us into this mess in the first place. Maybe this time he can find a guy with at least one creative bone in his body

It wasn’t so much that he was handpicked so much as he was #2, Iger was terrified of the pandemic tarnishing his legacy, so he got the heck out of dodge. Now he can return as a white knight.