News Chapek FIRED, Iger New CEO

[JoeCamel]

I think it's shade toward someone outside the organization (I said coyly not wanting to be shunted the politics forum.)

Yeah, not at Cheapek

 

[Flynnwriter]

Agreed.
It looks exactly like every other Destino-themed hotel in the world.

If building a cheap, tan tower with small windows and a last minute iron rope design on the front is “themed” then, yes, they are all over the world.

 

[Sirwalterraleigh]

Is this shade towards Chapek or is he supporting him?

Lol...

Says the guy that triggered his severance when they figured out just how bad the economy in China really is.


Go work on your tan, Bob

 

[Sirwalterraleigh]

Kim Masters: Why Did Bob Iger’s Disney Announcement Feel So Rushed?

As the company elevates Bob Chapek to the top job amid economic turmoil, his predecessor will keep holding the reins "like a CEO but without the stress."

www.google.com

 

[A Noble Fish]

We make fun of Chapek a lot, and rightfully so, but he's not stupid:

“A shareholder complained about LGBT themes in Disney content and says stock price is down 20% as a result.” Chapek refuted the claim, saying the drop in stock price “might have more to do with coronavirus and the worldwide pandemic that we’re facing.

It made me laugh. I'd like to see him in a roast!

 

[Sirwalterraleigh]

We make fun of Chapek a lot, and rightfully so, but he's not stupid:

“A shareholder complained about LGBT themes in Disney content and says stock price is down 20% as a result.” Chapek refuted the claim, saying the drop in stock price “might have more to do with coronavirus and the worldwide pandemic that we’re facing.

It made me laugh. I'd like to see him in a roast!

Who was that bassakwards nut that said that?

 

[Lilofan]

Who was that bassakwards nut that said that?

If it's another person from FL, then another FL joke..

 

[Josh Hendy]

Here you go:

The announcement blindsided top Disney executives, including direct-to-consumer chairman Kevin Mayer, top TV exec Peter Rice and film studio chief Alan Horn. The three only learned of the change a few short hours before the rest of the world. The impact on morale at the highest levels is unknown ...

He literally left the 3rd mate, the 4th engineer and the cabin boy to plug leaks and organize the lifeboats. No wonder the maintenance and attention to detail in the parks seems "extra careless" ever since the announcement.

Maybe Iger's banking and political buddies gave him a heads up that when the stuff hits the fan, entertainment companies won't exactly be at the top of the list of companies due to be bailed out by the gov. I'd expect that will be more like, manufacturing, transportation, health care, oil companies, banks and so on.

Disney can survive this but it isn't going to be pretty.

 

[RSoxNo1]

We make fun of Chapek a lot, and rightfully so, but he's not stupid:

“A shareholder complained about LGBT themes in Disney content and says stock price is down 20% as a result.” Chapek refuted the claim, saying the drop in stock price “might have more to do with coronavirus and the worldwide pandemic that we’re facing.

It made me laugh. I'd like to see him in a roast!

Just because someone in the room is significantly dumber than he is, doesn't make him smart. Any one of us idiots would have responded the same way, albeit a little less politically correct.

 

[Sirwalterraleigh]

Here you go:

He literally left the 3rd mate, the 4th engineer and the cabin boy to plug leaks and organize the lifeboats. No wonder the maintenance and attention to detail in the parks seems "extra careless" ever since the announcement.

Maybe Iger's banking and political buddies gave him a heads up that when the stuff hits the fan, entertainment companies won't exactly be at the top of the list of companies due to be bailed out by the gov. I'd expect that will be more like, manufacturing, transportation, health care, oil companies, banks and so on.

Disney can survive this but it isn't going to be pretty.

What company is more in bed with China besides Disney?

Every single thing they sell comes from there...they are partnered with the government there.

Bob got the heads up and bailed to collect.

Or are some still to sell he didn’t collect? As was the defense right when this came out.

Common sense is a life plan...I’m telling ya, people

 

[Sirwalterraleigh]

Just because someone in the room is significantly dumber than he is, doesn't make him smart. Any one of us idiots would have responded the same way, albeit a little less politically correct.

Just because someone in the room is significantly dumber than all the others...
...the others should leave the room

 

[skiir97]

I'm starting to think Iger has a time machine....and he saw exactly what was coming. His timing couldn't have been more perfect for him to get out.

 

[Sirwalterraleigh]

I'm starting to think Iger has a time machine....and he saw exactly what was coming. His timing couldn't more perfect for him to get out.

He’s had this angled for several years...all the signs were there

 

[A Noble Fish]

I'm starting to think Iger has a time machine....and he saw exactly what was coming. His timing couldn't have been more perfect for him to get out.

If you've been following this closely you'd have expected this. Iger is a really smart guy. He could understand where the evidence was leading us to like many other smart folks have as well.

He’s had this angled for several years...all the signs were there

Yup!

 

[Sirwalterraleigh]

If you've been following this closely you'd have expected this. Iger is a really smart guy. He could understand where the evidence was leading us to like many other smart folks have as well.

Yup!

Iger has been prepared to bail since at least 2018...

It’s also no coincidence that they had their biggest movie slate ever...and the presale of the streaming service...and aggressive increases in prices at parks...

In 2019.

The minute anything with his stock options looked bad...he was gonna bail. Hate to toot...but i believe I said this, right, @eliza61nyc ??

 

[Josh Hendy]

If you've been following this closely you'd have expected this. Iger is a really smart guy. He could understand where the evidence was leading us to like many other smart folks have as well.

A smart guy ... but I suspect he was tipped off by friends in the financial industry and in politics. Unlike most CEOs Iger "kinda sorta" had a succession plan in place so it was more doable in his case. A lot of other CEOs would have liked to bail out if they only had an excuse.

 

[Sirwalterraleigh]

Kim Masters: Why Did Bob Iger’s Disney Announcement Feel So Rushed?

As the company elevates Bob Chapek to the top job amid economic turmoil, his predecessor will keep holding the reins "like a CEO but without the stress."

www.google.com

 

[larryz]

What company is more in bed with China besides Disney?

Just about every computer company you can think of.

Oh, and Wall-Mart.

 

[Sirwalterraleigh]

Just about every computer company you can think of.

Oh, and Wall-Mart.

I look at them all as “tied for first”

But the fact they operate government controlled parks on a 50/50+1 split makes them a bit unique...wouldn’t you say?

 

[eliza61nyc]

Iger has been prepared to bail since at least 2018...

It’s also no coincidence that they had their biggest movie slate ever...and the presale of the streaming service...and aggressive increases in prices at parks...

In 2019.

The minute anything with his stock options looked bad...he was gonna bail. Hate to toot...but i believe I said this, right, @eliza61nyc ??

LOL, yes you did. .
I'm probably the only one here not following along. Recovering from knee replacement. Got the good happy drugs.

Where's the stock at?