Bob Chapek's days as CEO may be numbered

[Magenta Panther]

Yeah, but the flip side to this argument is, you can risk all of these things happening again with a new CEO. Unlike most viable candidates in the world, Bob Chapek has actual experience running Disney.

Chapek now is making a serious effort to correct his earlier mistakes and learn from them. Would a new CEO do the same?




Probably intentional. Chapek still has to answer to the board, and the board consists of members of the LGBTQ+ community. Even if Chapek goes, their pro-LGBTQ+ stances will not change.

His effort to correct his "mistakes" have embroiled the company into an even bigger scandal. Good work, Bobblehead!

Chapek's initial statement should have been it. The company gives money to both major political parties. The employees of the company should have had NO say whatsoever in whom the company chooses to give money to. They are merely employees, and can be fired. Replacements would be easy to find. Chapek's taken a mess and made it bigger. The publicity has been extremely negative and it's his fault for groveling. What an idiot.

 

[Disney4Lyfe]

FWIW. New Jersey 22/23 curriculum is out. And like I had been saying. This stuff IS happening. I know because I am in a school. There is a major issue brewing.

 

[Ghost93]

His effort to correct his "mistakes" have embroiled the company into an even bigger scandal. Good work, Bobblehead!

Chapek's initial statement should have been it. The company gives money to both major political parties. The employees of the company should have had NO say whatsoever in whom the company chooses to give money to. They are merely employees, and can be fired. Replacements would be easy to find. Chapek's taken a mess and made it bigger. The publicity has been extremely negative and it's his fault for groveling. What an idiot.

Chapek's initial statement should not have been it, as the LGBTQ community, liberals and much of the media would have continued to give Disney a PR headache for (indirectly) funding the legislation. I can see why a conservative would think Chapek's initial statement should have been it, but the Disney company would have continued to receive criticism.

That sad truth is that in these increasingly toxic and politically polarizing times it's hard for companies to stay completely neutral as the two major competing political factions have such widely different views of what America should be. There, unfortunately, isn't a way to find a "middle ground" on issues like LGBTQ rights and acceptance. And thanks to the internet, people are also MUCH more aware nowadays to where corporations send their donations.

 

[Vegas Disney Fan]

That is incorrect. In March 2020, Disney stock was $85 per share , shot up to $197 per share March 2021, now the stock is around $137 per share.

At the end of Feb 2020 it was in the $130s, today it’s in the $130s.

It’s not a fair comparison to look at March, after the world stopped and the price absolutely crashed, I also wouldn’t say it’s fair to compare it to $197 when the markets were wildly fluctuating guessing what would come next.

Pre pandemic and post pandemic are the numbers that matter, Chapek needs the number to stabilize or he’s in trouble, 110 is probably the breaking point.

 

[Disstevefan1]

His effort to correct his "mistakes" have embroiled the company into an even bigger scandal. Good work, Bobblehead!

Chapek's initial statement should have been it. The company gives money to both major political parties. The employees of the company should have had NO say whatsoever in whom the company chooses to give money to. They are merely employees, and can be fired. Replacements would be easy to find. Chapek's taken a mess and made it bigger. The publicity has been extremely negative and it's his fault for groveling. What an idiot.

No one likes Bobby but he tried to say out of it and was dragged into it by the Twitterverse, then he tried to toggle.

But don't worry whoever replaces Bobby in 11 months will be totally on board with the Reimagine Tomorrow, everythings else will be secondary.

The guest experience in the parks just got bumped lower in the priority list..

 

[Crunchie9]

That is incorrect. In March 2020, Disney stock was $85 per share , shot up to $197 per share March 2021, now the stock is around $137 per share.

Wow talk about threading the needle on a cherry picked stat.

 

[Lilofan]

Wow talk about threading the needle on a cherry picked stat.

Facts are facts , some just ignore evidence.

 

[donaldtoo]

It goes deeper than Bob unfortunately...

Yep, that’s the stone cold truth…to think who they might replace him with is even scarier.

 

[el_super]

They are merely employees, and can be fired. Replacements would be easy to find.

See this is a big core misunderstanding here. We're not just talking about popcorn vendors in the theme parks. We're talking about a whole pool of talent that Disney needs to survive. Writers, directors, producers and actors all throughout Hollywood.

 

[Walt Disney1955]

He's looking bad, and he is re-iterating all of the bad things people have said about Disney. Walt Disney seemed to specifically care about the product that was being sent out for the kids, modern Disney doesn't have that same concern, and if anything doubles down when they get questioned on it. It is a bad, bad look for Disney right now. Those creepy execs in that video conference the other day only made it worse. They have an obsession with a certain special interest group and people seem to forget it was families that made Disney what it was with mostly traditional values. Or at least this is how the company initially started out.

Not a good look for Disney right now, their own PR nightmare. They ought to have just stayed out of politics, because they suck at it!

 

[Ghost93]

He's looking bad, and he is re-iterating all of the bad things people have said about Disney. Walt Disney seemed to specifically care about the product that was being sent out for the kids, modern Disney doesn't have that same concern, and if anything doubles down when they get questioned on it. It is a bad, bad look for Disney right now. Those creepy execs in that video conference the other day only made it worse. They have an obsession with a certain special interest group and people seem to forget it was families that made Disney what it was with mostly traditional values. Or at least this is how the company initially started out.

Not a good look for Disney right now, their own PR nightmare. They ought to have just stayed out of politics, because they suck at it!

Giving LGBTQ kids representation isn't creepy. And yes, they exist. Most people know they are gay at a young age.

 

[Casper Gutman]

Cringe.

Is it intentional? When do shareholders start class action suits?

Please don’t post Rufo, a proud, self-proclaimed liar who is targeting public education as a whole and has already told provable lies about Disney.

 

[Ghost93]

Please don’t post Rufo, a proud, self-proclaimed liar who is targeting public education as a whole and has already told provable lies about Disney.

Also, the video makes Chapek look like a kinder and more empathetic person. Not exactly the terrifying expose Rufo thinks it is.

 

[Casper Gutman]

What has he cut besides Magical Express that wasn't the direct or indirect result of the pandemic?

FastPass+ to Genie+ isn't a cut, it's a price increase. Extra Magic Hours switching to the new format is actually a cost increase to the company. Evening Deluxe hours are new.

I don't like Chapek at all, but he's only been CEO during a once-in-a-century catastrophe, so I'm not sure it makes a whole lot of sense to draw conclusions about what "cuts" he likes to make.


Iger was very very good at playing the "pragmatic Democrat" in a way that appeased vocal progressives but didn't cause conservatives to do much besides roll their eyes and say "there's that mainstream Hollywood media at it again." Even the Uyghur controversy when Mulan came out was only an issue on the fringe right, not the fairly mainstream right that is angry now.

The Uyghur issue isn’t really left/ right - I saw more criticism from the left, actually.

Iger didn’t have to deal with anything remotely like the frenzied culture war environment of the present and he didn’t have a Governor who was actively seeking national news as part of a culture-war-based presidential campaign. I don’t like Chapek and I’d like to see him gone (eventually), but he was dealt a mind-bogglingly bad hand, a series of unprecedented national and international crises.

Also, hasn’t Iger publically said much the same things Disney is saying?

 

[AdventureHasAName]

Cringe.

Is it intentional? When do shareholders start class action suits?

Looks like a hostage video.

 

[Casper Gutman]

See this is a big core misunderstanding here. We're not just talking about popcorn vendors in the theme parks. We're talking about a whole pool of talent that Disney needs to survive. Writers, directors, producers and actors all throughout Hollywood.

This is absolutely correct. Feige backed Chapek down on the Johansson mess - you think he was going to stay silent here? Right now he has his pick of the talent in front of and behind the camera, and personal views aside, he’s not going to endanger that. Do you think the creatives at Pixar or Disney Animation will stay silent in the face of what they perceive to be a direct assault on their own, their friends, and their families civil rights?

 

[Casper Gutman]

He's looking bad, and he is re-iterating all of the bad things people have said about Disney. Walt Disney seemed to specifically care about the product that was being sent out for the kids, modern Disney doesn't have that same concern, and if anything doubles down when they get questioned on it. It is a bad, bad look for Disney right now. Those creepy execs in that video conference the other day only made it worse. They have an obsession with a certain special interest group and people seem to forget it was families that made Disney what it was with mostly traditional values. Or at least this is how the company initially started out.

Not a good look for Disney right now, their own PR nightmare. They ought to have just stayed out of politics, because they suck at it!

Being or respecting LGBTQ+ is not anti-family, and Disney products are consumed by families that have what you might label “non-traditional values.”

 

[AdventureHasAName]

Chapek is gone. Ironically, he was the best person for the shareholder.

Not the shareholder who is in it for the long haul. He burned through whatever remaining goodwill that was left with the hardcore fan. Hardcore fans take decades to create and you can't create them if the average middle-class family can't afford to come to the resort more than once in their lifetimes.

 

[GimpYancIent]

In the ranks of CEO's B.C. is a low brow knuckle dragger who is greedy.

 

[CaptainAmerica]

Being or respecting LGBTQ+ is not anti-family, and Disney products are consumed by families that have what you might label “non-traditional values.”

The Florida law has literally nothing to do with being or respecting LGBTQ+ people. None whatsoever.