News Bob Iger is back! Chapek is out!!

[bjlc57]

disney stock was at $91. 00 this week.. and the word on the street , is that attendance is dropping like a rock..PLEASE TELL ME THE GENIE IS GOING BACK IN THE BOTTLE... bring back the magical express.. fix it all this week.. please..

 

[bjlc57]

is Eisner available?

 

[MrPromey]

HOLY CRAP!

I was just coming to post an article (or three) about this, too!

DISNEY SHAKEUP: Bob Iger Back as CEO, Bob Chapek Out; Board Cites ‘Complex Industry Transformation’ for Shocking C-Suite Shuffle

In a shocking shakeup, Disney's board has reinstated Iger as CEO, ousting Bob Chapek and reinstating Iger nearly three years after he stepped down.

variety.com

Bob Iger returns as Disney CEO, replacing Bob Chapek after a brief, tumultuous tenure

Bob Iger is back as CEO of Disney. Bob Chapek, who replaced Iger in 2020, is out after a brutal earnings report that sowed further doubt about his leadership.

www.cnbc.com

Bob Iger named Disney CEO in shocking development | CNN Business

In a move that shocked Hollywood, Bob Iger, one of the most notable CEOs in the history of the Walt Disney company, is returning to run the media empire.

www.cnn.com

I read more than one just to make sure it wasn't a prank!

 

[MrPromey]

Wow, interesting turn of events.

How long until they can make the parks an enjoyable, worry free, experience again?

Hard to say. Bob 1.0 was never much of a parks guy, leaving it to Bob 2.0 which is part of how things ended up the way they are during his first reign. Is he going to care enough to pay more attention this time? :/

 

[eliza61nyc]

WOWZA

 

[ToTBellHop]

I understand his first order of business will be to personally install the Wilderness Lodge Christmas tree.

 

[Dan Deesnee]

They want Iger to guide them through the incredibly big effect Epic Universe is going to have on the industry in Florida. Iger helped through Harry Potter.

Also 2 years is how long they signed him to come back for, in 2 years Epic Universe will be about to open. Just the right amount of time to set the vision, put the pieces in place, and get the ball rolling.

 

[DCBaker]

Executive Leadership page has been updated -

 

[kingdead]

The best part of this is that Chapek is gone from Disney completely. No more departments for him to mess up. Disney…where dreams really do come true!

It wasn’t so much that he was handpicked so much as he was #2, Iger was terrified of the pandemic tarnishing his legacy, so he got the heck out of dodge. Now he can return as a white knight.

It really is a Disney ending... a little bird flies up to Iger and tells The True King that his kingdom is in danger, and he can no longer shirk his responsibilities as the Chosen One. He comes back from his exile in the Badlands (ok, attempting to secure an ambassadorship) and throws that ugly Chapek off a cliff, a beam of light parts the clouds, and Fastpasses and theatrical releases rain down from the sky. Truly the Circle of Life...

 

[Bill in Atlanta]

Great news. Somebody wake @marni1971

 

[brb1006]

Found this from Twitter

 

[gmajew]

So when do we get the juicy stuff…

 

[EagleScout610]

BREAKING: Bob Iger Returning As Disney CEO, Bob Chapek Fired

Bob Iger is returning as CEO of The Walt Disney Company after Chapek stepped down. Full email and statement from Disney and Iger

blogmickey.com

 

[wdwfan22]

Rumor has it Bob Chapek just took the CEO position at Ticketmaster lol.

Hopefully A few others are also on the way out. Josh is one name that comes to mind.

 

[MrPromey]

I mean… Iger hand picking Chapek got us into this mess in the first place. Maybe this time he can find a guy with at least one creative bone in his body

I don't think he really "hand picked" him - more like, he was the guy standing in the room when Bob I decided to dive out of the C-Suite with his golden parachute just as the rest of the world was learning about the pandemic.

Remember, he expected to help guide and train the new CEO over the next couple of years before Bob C told him to pound dirt.

 

[SplashJacket]

I cant wait to hear from out UK friends when they wake to the news… @marni1971 specifically.

My thoughts exactly. Hopefully we see a flurry of activity from @marni1971 over the next couple years

 

[Coaster Lover]

It's a Christmas miracle!

 

[lazyboy97o]

This is awesome news.

All Iger has to do is unwind 20% of the un-guest-friendly park decisions made under Chapek and he'll be hailed a hero.

Why? Most of them started under Iger and none are anathema to his vision.

It wasn’t so much that he was handpicked so much as he was #2, Iger was terrified of the pandemic tarnishing his legacy, so he got the heck out of dodge. Now he can return as a white knight.

Iger spent years and multiple extensions claiming he was creating a succession plan when he clearly was not.

They want Iger to guide them through the incredibly big effect Epic Universe is going to have on the industry in Florida. Iger helped through Harry Potter.

Also 2 years is how long they signed him to come back for, in 2 years Epic Universe will be about to open. Just the right amount of time to set the vision, put the pieces in place, and get the ball rolling.

Yeah, no.

 

[DuckTalesWooHoo1987]

Let him take his idiotic "park pass" trash with him and hopefully the door actually does hit him and hard. Now maybe we can get our DVC Annual Pass back. What a total clown of a human being.

 

[JD80]

The OP of the thread really missed the opportunity to name the thread:

"Bob Chapek Stepping Down (fired), Bob Iger New CEO"