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

[JoeCamel]

I think both things are 100% true

Which means it’s a failure of leadership on Multiple fronts BY HIM and he should hit have been rehired/brought back.

Only an oligarch stays in power with those kinds of huge mistakes

I believe we are living in the age of oligarchy, may we rotate to something else soon

 

[HMF]

I believe we are living in the age of oligarchy, may we rotate to something else soon

What he said.

 

[Sirwalterraleigh]

Isn't that basically what we are now? Not to get into politics but I do think the age of the CEO with Igers' clout is basically ending.

Except he is one. What do you call it when you rubber stamp your entire board and it’s a table full of conflicts of interests?

 

[HMF]

Except he is one. What do you call it when you rubber stamp your entire board and it’s a table full of conflicts of interests?

A massive conflict of interest or borderline corporate dictatorship. I don't think if they want to stay in business they will continue to be run this way.

 

[Sirwalterraleigh]

A massive conflict of interest?

Oh we can’t get into this…the children are already nestled in their beds dreaming of Christmas morning tomorrow…

But every board should have some
Dissenting opinions.
Think there has been anything but a unanimous vote in a decade? A question about compensation packages or acquisitions even been asked?

 

[JoeCamel]

Oh we can’t get into this…the children are already nestled in their beds dreaming of Christmas morning tomorrow…

But every board should have some
Dissenting opinions.
Think there has been anything but a unanimous vote in a decade? A question about compensation packages or acquisitions even been asked?

Paging Mr Perlmutter

 

[Vegas Disney Fan]

Paging Mr Perlmutter

I still think him having a seat would have helped overall, as would have moving more staff to Florida (or another state), most of the world does not think like CA does, Disney needs to realize their reality is quite different from the rest of the world.

 

[Chi84]

I still think him having a seat would have helped overall, as would have moving more staff to Florida (or another state), most of the world does not think like CA does, Disney needs to realize their reality is quite different from the rest of the world.

You know the reality of the rest of the world and how everyone thinks? Or are you trying to validate the thinking of a much smaller demographic by dragging in the entire world?

 

[Vegas Disney Fan]

You know the reality of the rest of the world and how everyone thinks? Or are you trying to validate the thinking of a much smaller demographic by dragging in the entire world?

I think it’s obvious to everyone with eyes and ears that CA is not in the middle, therefore not thinking like the majority, just like it would be obvious if they moved entirely to a state like FL they also wouldn’t be representing the majority.

Opposing voices and constructive criticism are always a good thing, a bunch of like minded individuals are much more likely to put out something that primarily appeals only to them rather than a wider spectrum of people.

 

[Chi84]

I think it’s obvious to everyone with eyes and ears that CA is not in the middle, therefore not thinking like the majority, just like it would be obvious if they moved entirely to a state like FL they also wouldn’t be representing the majority.

Opposing voices and constructive criticism are always a good thing, a bunch of like minded individuals are much more likely to put out something that primarily appeals only to them rather than a wider spectrum of people.

If you said that in the first place I wouldn’t have responded. Why did you need to appropriate “the rest of the world” and note that it lives in a different reality than Disney? That seems a bit arrogant.

I’m fairly certain it’s not Disney “the rest of the world” has a problem with.

 

[Tha Realest]

He retired and then by all credible accounts from very legitimate stories in both the Hollywood Reporter and the WSJ engineered his successor’s removal from the company by going around Hollywood and saying how bad of a job he was doing and how he should have never picked him to succeed into the CEO position.

Now, I’m not saying that Iger was wrong - Chapek was an awful CEO but still to act like Iger didn’t engineer his return because he wished he hadn’t retired is flat out incorrect and we have the sources to confirm as such.

He is also not blameless in the sense that Chapek was the fallback choice in February 2020. If there’s been a constant during Iger’s reigns it’s that the next obvious (of not stated) candidate for a successor gets shivved or shoved aside).

 

[Sirwalterraleigh]

He is also not blameless in the sense that Chapek was the fallback choice in February 2020. If there’s been a constant during Iger’s reigns it’s that the next obvious (of not stated) candidate for a successor gets shivved or shoved aside).

Has never had a serious intent to go anywhere since Michael bought his desk in 1996…

He had a really bad spray tan picture up for years on the “leadership” wall of fame…I think maybe chief operating officer? At that time? Maybe “President”?

And nobody knew why he was there or who he was?

I think maybe a stop gap over the weekend incase someone had another bypass (which was a concern back in the olden days)…

Like a pig in the mud…smells like a rose. Credit due for that

 

[JD80]

I still think him having a seat would have helped overall, as would have moving more staff to Florida (or another state), most of the world does not think like CA does, Disney needs to realize their reality is quite different from the rest of the world.

California is fourth largest economy in the world. The rest of the world would love to be California.

 

[lazyboy97o]

I think it’s obvious to everyone with eyes and ears that CA is not in the middle, therefore not thinking like the majority, just like it would be obvious if they moved entirely to a state like FL they also wouldn’t be representing the majority.

Opposing voices and constructive criticism are always a good thing, a bunch of like minded individuals are much more likely to put out something that primarily appeals only to them rather than a wider spectrum of people.

A bitter old bigot is not offering “opposing voices and constructive criticism”.

Disney was not considering moving to Florida. It was just Walt Disney Imagineering, and not even the top level leadership of Walt Disney Imagineering who would have stayed on Flower St.

 

[Vegas Disney Fan]

California is fourth largest economy in the world. The rest of the world would love to be California.

That economy came primarily from the hard work and intelligence of previous generations, not the current one.

Claiming CA is great because of the economy is like saying Hilton hotels is one of the largest hotel chains in the world because of the brilliance of Paris Hilton.

 

[HauntedPirate]

Bob Iger - Disney Grand Poobah© For Life! It's more of an honorary title but it allows him to jump back into the fray at a moment's notice.

 

[Dranth]

I still think him having a seat would have helped overall, as would have moving more staff to Florida (or another state), most of the world does not think like CA does, Disney needs to realize their reality is quite different from the rest of the world.

Perlmutter would have been a disaster, and I am still surprised people think he would have been useful in any way shape or form. He was a stockholder and corporate raider who was only interested in squeezing out more profit.

As for the rest, I saw your later explanation so deleted my original post, but I just want to point out that the company might be largely based in California, but the employees (including those running it) are from all over the place. Additionally, it isn't like they haven't managed to work in China, Europe and Japan or that current management didn't finally smooth things over with Florida. Outside of one incident that had a lot of odd circumstances, it doesn't seem like them being in California has ever been an issue.

 

[Tha Realest]

Has never had a serious intent to go anywhere since Michael bought his desk in 1996…

He had a really bad spray tan picture up for years on the “leadership” wall of fame…I think maybe chief operating officer? At that time? Maybe “President”?

And nobody knew why he was there or who he was?

I think maybe a stop gap over the weekend incase someone had another bypass (which was a concern back in the olden days)…

Like a pig in the mud…smells like a rose. Credit due for that

There’s something that also bugs me. I never got the sense Eisner aspired to be anything more than a studio/entertainment conglomerate head.

It seems Iger is *fine* doing this but was aggressively using it as a stepping stone towards elective or appointed office (should events and trends not conspired against him)

 

[JD80]

That economy came primarily from the hard work and intelligence of previous generations, not the current one.

Claiming CA is great because of the economy is like saying Hilton hotels is one of the largest hotel chains in the world because of the brilliance of Paris Hilton.

Now you're just making stuff up. CA GDP went from $2.3 to $3.4 Trillion over the last decade. The previous 10 years it grew 0.5 Trillion.

 

[Vegas Disney Fan]

Now you're just making stuff up. CA GDP went from $2.3 to $3.4 Trillion over the last decade. The previous 10 years it grew 0.5 Trillion.

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Based primarily on industries that have existed for several decades, it’s not like Hollywood, farming, mining, tourism, imports, etc are new creations.

The only newish business sector in CA is tech and much of that has been moving out recently.