News Chapek FIRED, Iger New CEO

[danv3]

Vacating his title would trigger his severance...which was valued at $500,000,000 just days ago and laden with stock options.

Citation for that? Very rarely will a voluntary change in title (which it appears this was) result in a severance payout.

 

[Parker in NYC]

I would say this is "not good". I've reached out to any and all contacts I have with insight on this, but only one response... apparently there's more to the story, so just stick around and enjoy the popcorn. Iger is a genius CEO, even if you disagree with some of his stances. Chapek is... yikes.

Just to let you know, there IS a political component to this.

Thanks for the no info!

 

[Donaldfan1934]

View attachment 451859
I know I’m on the minority, but I’m going to miss seeing Iger.

I don’t think you’re not in the minority anymore, pal.

 

[mightynine]

As the old adage goes, “When you plant a beer garden, you grow into a CEO.”

 

[RSoxNo1]

This is on par with the Red Sox hiring Bobby Valentine. Here's hoping the tenure is just as short.

 

[randyjackson]

Any word on who’ll replace Chapek as head of parks? Anyways this’ll probably be good for the parks in the long run but I’m worried about the film division

 

[BigYikesFromMeDawg]

My user name is relevant once again.

SELL SELL SELL, DISNEY STOCK IS GOING TO CRASH!

 

[bartholomr4]

In Iger's book, Kevin Mayer gets mentioned a ton, Chapek barely at all.

Chapek was only mentioned in the forward.... It was like it was an afterthought! Mayer was the strategy right arm of Iger.... So totally shocked

 

[IanDLBZF]

Any word on who’ll replace Chapek as head of parks? Anyways this’ll probably be good for the parks in the long run but I’m worried about the film division

Nothing has been announced at this point as of yet, but we shall see.

 

[aladdin2007]

Soon, we won't be able to use the bathroom at WDW without being bombarded with characters and IP.

and fees

 

[GhostlyGoofy]

Chapek says the next Star Wars movie is just a 2 hour dance party. Gonna save millions.

 

[Kamikaze]

Can't wait for people to start talking about how Iger wasn't that bad.

Because he isn't. And Chapek is.

 

[FutureCEO]

So when's the next price hike?

 

[ToTBellHop]

What a nightmare.

 

[Nunu]

So, I leave the forums for an hour and this is what I come back to!
Sigh...

 

[trainplane3]

If there's one thing I enjoy about this it's watching everyone on social media spazz-out (in a fun way). There's so many gold tweets out there:

(got a great chuckle out of me)

For the record, I really don't know what to think.

 

[brb1006]

Live interview of Iger and Chapek on CNBC with Gloria Borger at 5:30 Eastern

Who else is tuning in?

 

[WDW862]

W H A T

 

[Magenta Panther]

Even Donnie isn’t happy about the change!

That sculpt looks okay from a distance, but pretty bad close-up. It was even heavily ridiculed in the media, but TDO made no effort to improve it. Was the reason political, or just more TDO laziness? If it breaks, will it get the strobe-light treatment? (Wouldn't surprise me...)

 

[Donaldfan1934]

Chapek says he went to the parks every year as a kid...that's why he loves WDW so much.

Strange words for a man who greenlit a Moana themed walkthrough in EPCOT, but ok.