News Bob Iger is back! Chapek is out!!

_caleb

_caleb

Well-Known Member
lazyboy97o said:
You tell us. What other alternatives are there to Iger deciding on his own to step down?
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Well, I can imagine several. But I’m not the one playing speculation games.

And Iger wasn’t “mid-contract.” (ETA: Maybe “mid-extension:”)

From Wikipedia:
Iger's contract as Disney's chairman and CEO was originally planned to run until June 30, 2018;[44][45] however, in March 2017, Disney announced that it was extending Iger's term to July 2, 2019, and said he would serve as a consultant for the following three years.[46][47] In December 2017, Disney extended Iger's contract through 2021.[48]
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Iger stated many times that he was ready to retire. Then he retired and continued on as a $10M consultant.

I’m just tired of speculation being posited as fact. We’re fans who follow this stuff, and it’s great fun to discuss, but the truth is that we just don’t know why Iger retired (the first time) when he did.
 
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T

thomas998

Well-Known Member
_caleb said:
Well, I can imagine several. But I’m not the one playing speculation games.

And Iger wasn’t “mid-contract.” (ETA: Maybe “mid-extension:”)

From Wikipedia:


Iger stated many times that he was ready to retire. Then he retired and continued on as a $10M consultant.

I’m just tired of speculation being posited as fact. We’re fans who follow this stuff, and it’s great fun to discuss, but the truth is that we just don’t know why Iger retired (the first time) when he did.
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People that are being forced out of jobs often tell others that they were ready to retire. No one wants to be fired if they can save face and retire. The fact is Iger had been on borrowed time for a long time. It is entirely possible that he liked the job and never wanted to leave... but if you are being forced out you would say you were ready to retire all the while you could be plotting your return... and what better way to do it than to insure that your replacement was incompetent and would create a situation where they would need to get you back to fix things.

But whether this was some cunning plan by Iger or not, it highlights the ignorance of the Board. A large portion of the problems were not actually Chapek's doing, a large number were started by Iger and only got the full light of day shined on them when Iger had left... though the biggest problem is Iger picked Chapek to replace him... So Iger is responsible for picking the incompetent Chapek which makes it a stupid decision to bring the man that picked Chapek back. A competent board would have picked someone else to try and fix things not the incompetent that picked the incompetent that you just fired.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
thomas998 said:
People that are being forced out of jobs often tell others that they were ready to retire. No one wants to be fired if they can save face and retire. The fact is Iger had been on borrowed time for a long time. It is entirely possible that he liked the job and never wanted to leave... but if you are being forced out you would say you were ready to retire all the while you could be plotting your return... and what better way to do it than to insure that your replacement was incompetent and would create a situation where they would need to get you back to fix things.

But whether this was some cunning plan by Iger or not, it highlights the ignorance of the Board. A large portion of the problems were not actually Chapek's doing, a large number were started by Iger and only got the full light of day shined on them when Iger had left... though the biggest problem is Iger picked Chapek to replace him... So Iger is responsible for picking the incompetent Chapek which makes it a stupid decision to bring the man that picked Chapek back. A competent board would have picked someone else to try and fix things not the incompetent that picked the incompetent that you just fired.
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Chapek was the only guy hanging around internally…

Which suggests Iger had ZERO plans to retire.

The sequence of events really…really…paints him as a rat off a ship in an unprecedented time…ever more strengthened by his “hanging around” and details of “disagreements” leaking to the press.

Disney has had more grievances aired via press the last few years than they had along time prior…none of it leading back to “sleuth reporting”
 
Br0ckford

Br0ckford

Well-Known Member
monothingie said:
Why would he undo what he created?

Return Of The Jedi Episode 6 GIF
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Somehow Iger came back
 
Rickcat96

Rickcat96

Well-Known Member
Iger did not stop the price increase on December 8th that he was alarmed by, doing some last min Christmas shopping-noticed how even more overpriced Disney stuff was, none of which was moving.

They are screwed, time is coming. My I care meter is still at zero for these clowns.
 
monothingie

monothingie

Looks like I picked the wrong week to stop
Premium Member
Sirwalterraleigh said:
Chapek was the only guy hanging around internally…

Which suggests Iger had ZERO plans to retire.

The sequence of events really…really…paints him as a rat off a ship in an unprecedented time…ever more strengthened by his “hanging around” and details of “disagreements” leaking to the press.

Disney has had more grievances aired via press the last few years than they had along time prior…none of it leading back to “sleuth reporting”
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The look of total terror on Chapek’s face and look of despair on Iger’s face during the transition should tell you everything.

The Iger ship wasn’t sinking because of the threat of Covid, it was the disaster that was Disney+.

Ironically Covid buoyed both D+ and by extension the stock price, with the lockdown streaming bubble, once the initial market chaos caused by Covid settled.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
monothingie said:
The look of total terror on Chapek’s face and look of despair on Iger’s face during the transition should tell you everything.

The Iger ship wasn’t sinking because of the threat of Covid, it was the disaster that was Disney+.

Ironically Covid buoyed both D+ and by extension the stock price, with the lockdown streaming bubble, once the initial market chaos caused by Covid settled.
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Just remember: it was “unprecedented strength of IP”…

That was why that stock was a BUY BUY BUY!! At $160…

Get on that or you’ll miss out and never be able to join club 33 like micechat dude and Pete 👍🏻
 
_caleb

_caleb

Well-Known Member
Sirwalterraleigh said:
Simple question: do you believe Disney management is required to tell the public the truth?

…all roads tend to lead back to this question.
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It is against the law for a business to lie to its customers about its products and services or to lie to investors.

That said, I think we’ve all been lied to by Disney management: “that attraction is down for routine management” or “this new attraction is coming in late Spring.” We’ve all seen Disney’s PR department stretch the truth. Maybe they’ve stretched it beyond recognition in spinning the tale of Iger’s retirement, contract extensions, and return.

I prefer this question: is “why do you fill in gaps of knowledge with speculation and call it “‘fact?’”
 
Tha Realest

Tha Realest

Well-Known Member
Sirwalterraleigh said:
Just remember: it was “unprecedented strength of IP”…

That was why that stock was a BUY BUY BUY!! At $160…

Get on that or you’ll miss out and never be able to join club 33 like micechat dude and Pete 👍🏻
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Stock’s almost at its five-year low (March 20, 2020). Meanwhile, the animation division keeps catching L’s, Star Wars can’t make it to theaters, they’ve tapped out on the rich whales for the Starcruiser, and Avatar’s come in well below expectations. And Willow seems to be completely absent from any buzz or discussion.
 

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