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

HMF

Well-Known Member
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.
I have a strong suspicion that what Wall Street thinks is not going to be taken as seriously in the near future. Wall Street isn't exactly a respected institution these days
 

HMF

Well-Known Member
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.
I second this.
 

Stripes

Premium Member

Josh D’Amaro to become CEO effective at the annual shareholders meeting. Will be appointed to the board immediately following the meeting. Dana Walden to become President and Chief Creative Officer of The Walt Disney Company, reporting to D’Amaro.
 

Andrew C

You know what's funny?

Josh D’Amaro to become CEO effective at the annual shareholders meeting. Will be appointed to the board immediately following the meeting. Dana Walden to become President and Chief Creative Officer of The Walt Disney Company, reporting to D’Amaro.
This seemed to happen quickly...at least that is what it looks like on our end.
 

el_super

Well-Known Member
I have a strong suspicion that what Wall Street thinks is not going to be taken as seriously in the near future. Wall Street isn't exactly a respected institution these days

Nothing is going to change their desire to make money. People still want to retire someday and that requires turning a little sum of money into a larger sum of money.
 

MR.Dis

Well-Known Member
"Iger will step down as CEO on March 18 and assume the role of senior adviser. He will stay on the company’s board of directors until Dec. 31 — after which he will be fully retired."
If I was to guess, Disney BOD wanted him to stay to steady nerves on Wall Street to keep the stock price from full free fall.
 

wannabeBelle

Well-Known Member
I was watching a podcast that was speculating as to why the rush for Bob to leave now. One thought was that there is something in some files that were recently released that may have been not so favorable to Bob and the company would prefer he was gone. The other thought was that this has happened before when Covid hit and closed down everything. Bob had retired about a month or so before and the podcaster was saying this feels very similar. The two could be linked as well. We shall see....... Marie
 

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