_caleb
Well-Known Member
There’s a recent story (spin) about how Iger didn’t agree with Chapek on pandemic layoffs. Iger, pulled rank as CotB, and overruled Chapek.We have to work on the context…
Any decision with measurable finances is ceo and board and it stops there…full stop.
So you’re biggest revenue chunk is close trolled from the board room. The work is done by others…but not the decisions.
Iger stayed and wrestled with chappo for all of 2020 (after he quit like coward)…and then haggled more as the maker till they end of 2021…
So Chapek’s actually unfettered condrol was 6-9 months really at best.
Did is get suck? Oh yeah…
But the gloss on this is that the “problems” are really back to Bob. The meat of them - at least.
But this should not be taken as “Iger was still in full control.” There’s a lot more to it (specifically, Iger needing to at least appear to support Chapek) and the difference between high-level Board oversight of the company and micro-managing Executives.
I’m fine with blaming Iger for stuff. But I’m trying to show that there’s an entire cluster of people making decisions that the CEO doesn’t even really have a hand in.