News Josh D’Amaro Named Next CEO of The Walt Disney Company

[Spectro shire]

Now we just need Iger to crawl back where he came from

 

[Sirwalterraleigh]

Taking over in March? That's quick. Hopefully he and Dana get on very well because that isn't a lot of time to be shown the ropes in Studios.

I wish him the best of luck. I think it was the best choice.

It was the only choice they were willing to make…I suppose?

But a reminder that the best ceo in history (now reaffirmed) came from the outside:

Spoiler: Remember me?

 

[Sirwalterraleigh]

Now we just need Iger to crawl back where he came from

Negotiating rights to a crappy 90’s sitcom?

 

[Sirwalterraleigh]

The new CEO of the Walt Disney Company, much like the last, answers solely to institutional investors. People have met him and say he "gets it" and maybe he does. In the end, it doesn't matter what he gets. All that matters to him, pretty much by law and contractual obligations, is the share.

Well they’ve been doing a world class awful job at just that…

 

[Spectro shire]

Negotiating rights to a crappy 90’s sitcom?

Go for it

 

[monothingie]

$Dis is flat.

You would have expected something to pop if people were excited.

More of the same…except with tighter pants.

 

[esskay]

Meh, could've been a lot worse. Doubt we'll see much change but best of a bad bunch is about as big of a win you can hope for these days.

 

[Sirwalterraleigh]

Didn't Iger want to run for president at one time? Not saying he wants to do that now, but he is giving himself ~6 months until the mid-terms...

We’re in a Disney echo chamber here…

Nobody not in a spirit jersey knows or cares who he is…he just has installed yes men to pump his ego…in a building with gigantic dwarf sculptures on the outside …and he started to buy his own PR

 

[DCBaker]

Video of James Gorman on CNBC:

 

[monothingie]

…I don’t think even Bob’s ego is large enough to try to hatch it this time…

But I’ve been wrong before

Come on Josh’s a lightweight pretty boy.

Who internally is gonna try to undermine him first?

 

[MerlinTheGoat]

On a slight uptick now, but we'll see. So far doesn't seem to have gone over well. Remains to be seen if it's a blip or not.

 

[monothingie]

Video of James Gorman on CNBC:

James please give me a break.

 

[Sirwalterraleigh]

Meh, could've been a lot worse. Doubt we'll see much change but best of a bad bunch is about as big of a win you can hope for these days.

The problem is they’re being run horribly…

It’s been 24 hours…they’re only gleaning solid profit off the parks (their numbers…not mine) and that’s through “cost savings and price increases” (their words every quarter…not mine)…

…and what have they done since yesterday? New tactics to BEG people to show up…again.

 

[Sirwalterraleigh]

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My guess is maybe $96 ish by the end of the day?

 

[Ayla]

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On a slight uptick now, but we'll see. So far doesn't seem to have gone over we'll. remains to be seen if it's a blip or not.

It will be interesting to see the market's response to this news.

 

[nickys]

The best looking CEO they’ve ever had!
The main question is will Josh continue wearing his tight jeans? Is there a precedent for a CEO wearing jeans and a tie?
Maybe Disney could branch into denim wear as a side hustle, or just buy out Levi’s.

 

[MerlinTheGoat]

It will be interesting to see the market's response to this news.

My guess is maybe $96 ish by the end of the day?

I won't rush to a judgement yet since it might just be general uncertainty from change. Possible that this would have dipped no matter who was chosen. But we'll see if it lasts.

What I will say is Josh won't be fixing any financial issues Bob was already responsible for.

 

[Sirwalterraleigh]

Who internally is gonna try to undermine him first?

You mean fire him and then “fire himself” from the board the next morning?
The corporate equivalent of being found hanging in your jail cell..

 

[Sirwalterraleigh]

I won't rush to a judgement yet since it might just be general uncertainty from change. Possible that this would have dipped no matter who was chosen. But we'll see if it lasts.

What I will say is Josh won't be fixing any financial issues Bob was already responsible for.

Just a hunch…if i could tell you what Wall Street will do before they do it…I’d have a yacht bigger than bobs

 

[BrianLo]

I won't rush to a judgement yet since it might just be general uncertainty from change. Possible that this would have dipped no matter who was chosen. But we'll see if it lasts.

What I will say is Josh won't be fixing any financial issues Bob was already responsible for.

I’d call that just mild market uncertainty. Yesterday was an actual negative reaction.