News Bob Iger is back! Chapek is out!!

[Tha Realest]

This is good news! I hope the following will be addressed:

• Annual Passes
• Park Hoping Restrictions
• Park Reservations
• Listening to fans
• The need for either expansion at the existing parks or adding park due to the many Vacation Club Villas and Hotels

I know we’re all myopically fixated on the Parks, but those are fiscally in good condition.

Bob I’s coming back to address streaming, streaming, and streaming, and in that order.

 

[JoeCamel]

One thing I'm slightly hopeful and optimistic for is that Iger seems willing to learn from his or at least others' mistakes. I'm willing to see if he walks back some of the policies that have been instituted for the past 5 years. I also wonder if this may have been his plan all along, let Chapek be the fall guy for failed policies, and covid. Go out on top and then come back as a savior while getting to have a more thorough process for a replacement.

Its darker than that, Iger goes out on top with a ton of DIS leaving slappie to take the inevitable fall so he unloads more than half at the pumped up price. Now while it is down he comes back to pump it up again. This move will net billions for the investors and that is the point.
Bring on the dividends!

 

[Heath]

Iger has on a $2000 Tom Ford cardigan and Chapek has a suit top swimming on him. They need somebody in between.

 

[aladdin2007]

If only this somehow translated into a better parks experience.

gray skies are gonna clear up put on a happy face........ I agree though doesnt mean a better parks experience out the gate, but at least the parks cant suffer anymore under chapeks stupid decision. Iger may never have been best for the parks but they were allowed to run more smoothly. Maybe just maybe something will change down the road in some form with this genie junk that chapek was so adamant on. I think the whole board needs to go, they were the ones that were so crazy for chapek and his idiocy. Anyway ding dong the witch is dead is right like another poster said, wow 35 pages here already can't read it all!

 

[Tha Realest]

So what does Iger do? Look for a massive acquisition. It’s the Hail Mary for execs. ‘Buy something’ to throw dust in the air and give them another pool of execs to comb thru and try to find someone they can anoint.

if I were Iger, I’d change the structure. “Disney” needs a Chief creative Officer. Someone that reports to the board. Almost at the ceo level but not. Someone responsible for experience and vision. Then a ceo that executes. Highly unorthodox but disney isn’t like other companies.

given their debt situation and the need for D+ to succeed, I think it’s unlikely they have the cash to make any acquisition that will stop the bleeding.

I’ll go a step further - I think it’s likelier that Disney is acquired in some form or fashion in the next few years than they acquire a hot and valuable IP on the level of Pixar, Marvel, and Lucasfilm.

Okay, let me lay a marker: Bob Iger won’t be coming in to help find the next CEO. Bob Iger is going to be Disney’s last CEO.

 

[Sirwalterraleigh]

From Bloomberg:

Chapek’s parachute is est $23,000,000 plus potential options

Also…Disneys biggest problem is likely China…they are way too dependent on it’s production and it’s crippling them.

I know what you’re thinking…and we’re all right

 

[MisterPenguin]

I just saw the Lightening Lane signs are down and FastPass+ signs are back up already!

Yes, great news! And the new FastPass+ is only $40/day!

 

[MisterPenguin]

So Iger only has a two year deal with a mandate from the board to find his successor (what year is it?) - so now the question becomes: does Disney actually look outside the company for their next CEO?

Iger had plenty of extensions to his previous contract as the next person being made ready to take over kept getting fired. There's nothing to stop that from happening again... except maybe a run at a political office...

 

[wdwmagic]

Incredible development, but don't expect drastic changes in the parks. The things that are hugely unpopular (Genie and Reservations) are key to revenue right now, and Iger is not going to want to let that decline any further.

 

[MisterPenguin]

given their debt situation and the need for D+ to succeed, I think it’s unlikely they have the cash to make any acquisition that will stop the bleeding.

I’ll go a step further - I think it’s likelier that Disney is acquired in some form or fashion in the next few years than they acquire a hot and valuable IP on the level of Pixar, Marvel, and Lucasfilm.

Okay, let me lay a marker: Bob Iger won’t be coming in to help find the next CEO. Bob Iger is going to be Disney’s last CEO.

Disney's on track to making $4B a year just like before the pandemic. That's even after peak D+ spending. Disney will have no trouble dealing with their debt obligations.

 

[JustInTime]

if I were CEO I would introduce a free Genie+ option for resort guests. Maybe you get a few free per day. If you want more you can upgrade. I really hope Iger does something similar.

 

[JustInTime]

Incredible development, but don't expect drastic changes in the parks. The things that are hugely unpopular (Genie and Reservations) are key to revenue right now, and Iger is not going to want to let that decline any further.

Thank you and thank you for cleaning up this thread. Now we celebrate

 

[Fido Chuckwagon]

But now we’re getting Iger 2.0, he’s a leaner, meaner Iger who really wants to buff his legacy with the announcement of a 5th gate.

 

[jaxonp]

Iger has on a $2000 Tom Ford cardigan and Chapek has a suit top swimming on him. They need somebody in between.

Iger is wearing something far more expensive than Tom Ford.

 

[monothingie]

Incredible development, but don't expect drastic changes in the parks. The things that are hugely unpopular (Genie and Reservations) are key to revenue right now, and Iger is not going to want to let that decline any further.

At best for the parks you’ll see a better PR approach towards “selling” the unpopular changes made in the past 2 years. I also think the media will be less likely to jump on the decline in guest satisfaction because they fear and/or will cover for Iger as opposed to Chapek who they mocked.

 

[epcotWSC]

It speaks volumes to the state of TWC's executive group if they need another two years to find a new CEO. People wonder why the product is in rapid decline...

 

[mightynine]

Iger had plenty of extensions to his previous contract as the next person being made ready to take over kept getting fired. There's nothing to stop that from happening again... except maybe a run at a political office...

I thought the joke about what year is it covered the fact that extensions are possible - but with this board, watch out for those and outward shows of support!

 

[rio]

It seems Disney hasn't learned that allowing 1 person to be the company head is bad for them. First Tatum, then Eisner, and now Iger.....

What's even sader about this is that Iger stepped down right when COVID was starting to protect his legacy rather than actually lead, and now doesn't get the blame for Genie+ and all the other monetization that's occurred over the past couple years.

 

[CaptainAmerica]

I will fight anyone IRL who disparages Iger's cardigan game.

 

[monothingie]

Should we start “Josh Watch” thread about the future of our favorite executive in the 2 sizes to small skinny pants?