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

Vegas Disney Fan

Well-Known Member
I’ve said for a while I bet he wishes he never came back, all that money and no time to enjoy it, seems he finally reached the breaking point himself.

I hope he truly is retiring to simply enjoy time with his family, he’s not a young man, would be a shame if he didn’t get to enjoy the spoils of all that work.

Disney CEO is a dream job but I imagine it also comes with an incredible amount of stress and frustration. I wish him the best on his (overdue) retirement.
 

ULPO46

Well-Known Member
The reality is if it’s an internal promotion, no one right now has vision to lead Disney forward. They are all pawns of Iger ala Chapek and we don’t need a repeat. This is a major crisis and isn’t like the final years of Eisner where we had a Roy to hand pick and change the status quo within the company.

Politics aside, TWDC hasn’t had a great decade of films sure there’s a billion here a billion there but there are one too many flops. The parks are not as fresh or as bold as years past and it shows with the desperation to lower the price to, what the company fails to realize are the very people who keep returning to the U.S. based parks, their pass holders both in California and Florida. Price those families out and you don’t get enough.

Sure the cruise lines are booming but this company has grown too large during Igers tenure to have someone come from Parks to lead the company into possibly the next two decades. We need strong leadership in the company. Not old senile men/women who have no vision, no taste for modernism or the current state of the world we are living in.

Over gave us a lot of great things, questionable purchases/mergers, but in his final decade Disney has lost its standing in the parks, Universal became more than just a bunch of simulators, shoot even seaworld is giving a run at Disney for thrills. A fresh coat of paint and cheap AA’s does not scream fresh and new. I wasn’t a fan of getting rid of rivers but that’s where we are in today’s Imagineering. A shuttered workforce of people who rather keep to themselves than to be turned down by budget.

I won’t forget so many of my colleagues who lost their jobs because they refused to move to the Lake Nona campus that never came to fruition. Now they’re behind some of the really amazing stuff at Universal Creative.

I love this company, it’s more than just a job. My grandparents met and worked together for Walt. My dad moved to Florida for the EPCOT project, and I enjoy a small cubicle behind Epcot. But the reality is I don’t see a promising future for the company. If it is an internal promotion, it needs to be a split job. Entertainment and Experiences are two different behemoths and honestly running multiple theme parks is not the same as greenlighting the next Pandora, the Next MCU, or Galaxy Far Far Away.

Iger did good in his first few years but honestly I feel he became too comfortable at his job and the mass majority of shareholders too afraid of change that he stayed as long as he did but that’s just me. A measly Imagineer looking from afar as to what comes next for the company that has given me so much to live for and enjoy coming into work. But when you know fellow cast members across all aspects of the company looking elsewhere it comes to the fruition after nearly 15 years myself with the mouse, is it time to look for greener pastures. Then I listen to the steam train underneath Mainstreet station and I tell myself the same thing I told myself when I first walked in as a child, this is what I wanted to do and be when I grew up. I haven’t looked back as hard as I have in the last few months in the hopes that things start to get better within the company.

Whom ever the board selects to be the new CEO, I just hope they know how to treat every last one of us Castmembers with as much love and respect to the bottom line as possible. There are ways to save money without having to layoff and there are ways to produce new content without making anyone mad or sad in the process. Disney has been here for 100+ years let’s keep that momentum into the next century of my companies beloved history.
 

BrianLo

Well-Known Member
The reality is if it’s an internal promotion, no one right now has vision to lead Disney forward. They are all pawns of Iger ala Chapek and we don’t need a repeat. This is a major crisis and isn’t like the final years of Eisner where we had a Roy to hand pick and change the status quo within the company.

Politics aside, TWDC hasn’t had a great decade of films sure there’s a billion here a billion there but there are one too many flops. The parks are not as fresh or as bold as years past and it shows with the desperation to lower the price to, what the company fails to realize are the very people who keep returning to the U.S. based parks, their pass holders both in California and Florida. Price those families out and you don’t get enough.

Sure the cruise lines are booming but this company has grown too large during Igers tenure to have someone come from Parks to lead the company into possibly the next two decades. We need strong leadership in the company. Not old senile men/women who have no vision, no taste for modernism or the current state of the world we are living in.

Over gave us a lot of great things, questionable purchases/mergers, but in his final decade Disney has lost its standing in the parks, Universal became more than just a bunch of simulators, shoot even seaworld is giving a run at Disney for thrills. A fresh coat of paint and cheap AA’s does not scream fresh and new. I wasn’t a fan of getting rid of rivers but that’s where we are in today’s Imagineering. A shuttered workforce of people who rather keep to themselves than to be turned down by budget.

I won’t forget so many of my colleagues who lost their jobs because they refused to move to the Lake Nona campus that never came to fruition. Now they’re behind some of the really amazing stuff at Universal Creative.

I love this company, it’s more than just a job. My grandparents met and worked together for Walt. My dad moved to Florida for the EPCOT project, and I enjoy a small cubicle behind Epcot. But the reality is I don’t see a promising future for the company. If it is an internal promotion, it needs to be a split job. Entertainment and Experiences are two different behemoths and honestly running multiple theme parks is not the same as greenlighting the next Pandora, the Next MCU, or Galaxy Far Far Away.

Iger did good in his first few years but honestly I feel he became too comfortable at his job and the mass majority of shareholders too afraid of change that he stayed as long as he did but that’s just me. A measly Imagineer looking from afar as to what comes next for the company that has given me so much to live for and enjoy coming into work. But when you know fellow cast members across all aspects of the company looking elsewhere it comes to the fruition after nearly 15 years myself with the mouse, is it time to look for greener pastures. Then I listen to the steam train underneath Mainstreet station and I tell myself the same thing I told myself when I first walked in as a child, this is what I wanted to do and be when I grew up. I haven’t looked back as hard as I have in the last few months in the hopes that things start to get better within the company.

Whom ever the board selects to be the new CEO, I just hope they know how to treat every last one of us Castmembers with as much love and respect to the bottom line as possible. There are ways to save money without having to layoff and there are ways to produce new content without making anyone mad or sad in the process. Disney has been here for 100+ years let’s keep that momentum into the next century of my companies beloved history.

I think not enough skepticism is applied to Comcast. What you’ll find there is Disney’s problems, amplified. Or at the very least matched if you prefer Comcast optimism. I certainly do not think the grass is greener.

Multiple failed acquisitions, more dependency on erroding legacy assets, worse box office, a weaker global experiences portfolio, no presence in the cruise market. Inability to generate new IP, while killing the ones they have at a quicker pace. Worse of all for them, an ongoing failing streaming transition. Their stocks are similar primarily because as of this moment Comcast had a bounce, but was running behind most of last year.
 

Tha Realest

Well-Known Member
Either he's sick or close family memeber is or this.
I hope it’s none of those things.

But the company is in an existential battle given all the upheaval in theatrical and streaming markets, and he’s going to abruptly and suddenly hand the keys to the Parks guy and leave early?

We saw this play out almost six years ago now when few knew the full scope of economic challenges that were around the corner.
 

HauntedPirate

Park nostalgist
Premium Member
Well the thread did turn to stock performance compared to S&P as evidence Disney is terrible. But to compare a company to the S&P without comparing it to its own industry (Comcast) is, shall I say, low IQ. That’s where it turned, just go back a page if you were looking.
Bob’s first 15 years for a 480% stock return. And a decade of that was the “free money” years. Dozens of stocks outperformed $DIS during the same time frame, including Netflix. Yeah, it’s not “low IQ” to think the stock could/should have performed better during that time. How much profit was generated by the parks during that time? (I have the number, but you need to do the work to get it yourself) How much of that was reinvested into parks and how much was spent on stock buybacks? Hell, they bought back over $18 billion in stock just from 2014-2016. Who did that benefit? Guests, CM’s, or shareholders?What did they build in the parks those years? They started actually building Pandora. Whoo.

Spare us your “woe is Bob” sob story.
 

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