News Chapek FIRED, Iger New CEO

Sirwalterraleigh

Sirwalterraleigh

Premium Member
Lilofan said:
The Yeti at DAK has better chances of getting fixed.
Click to expand...
But they’re right

“Board rot” is a huge issue. There’s nobody watching over it. It was infused with too much techie from Bob and Jobs

Cheryl Sandberg gave the most clueless take I’ve ever heard in her “meta” retirement announcement…

Don’t stop there, girl…keep retiring
 
L

Lilofan

Well-Known Member
Sirwalterraleigh said:
But they’re right

“Board rot” is a huge issue. There’s nobody watching over it. It was infused with too much techie from Bob and Jobs

Cheryl Sandberg gave the most clueless take I’ve ever heard in her “meta” retirement announcement…

Don’t stop there, girl…keep retiring
Click to expand...
Sandberg of Meta Facebook can look into new ventures or cash out her net worth of $1.7B and enjoy retirement.
 
Sir_Cliff

Sir_Cliff

Well-Known Member
mightynine said:
That’s a great article that shows how Chappie’s not doing himself any favors right now.

And how he’s exactly the wrong person to be leading a company that lives and dies by its content.
Click to expand...
I also thought it was a particularly interesting article as it shows what the narrative is around this move in Hollywood. Basically, Rice was well-liked, doing a good job, given no warning, and then given no explanation for his firing. It really makes Chapek look like he's losing a grip and Disney under his leadership like a bit of a mad house prone to sudden, irrational moves based on his whims.

Maybe there's more to the story than this, but even if there is, the way this was handled shows that he and the company hasn't learnt anything from all their recent PR stuff-ups. It might also be that he doesn't really learn from his mistakes.
 
C

Cliff

Well-Known Member
I think that when many people analyze what Chapek is doing, they tend to forget about Disney's board and shareholders. Everybody just focuses on him.

Folks, nobody here has inside knowledge of Chapek's communication with Disney's board...but we can CLEARLY see that he has their support. Chapeck has a mandate to make the changes this HIS "bosses" are asking for.

Love him or hate him. Either way is fine....but the guy is just following orders. If anybody hates the cultural changes that seem to be on the horizon?...hate the Board and investors "first". These are the people and organizations that have billions of dollars at risk and have their finincial necks stretched out.

If the rumors are true that the board/investors want to move Disney into a socially and politically NEUTRAL position in the future? I think that makes excellent business sense....for EVERYone.
 
mikejs78

mikejs78

Well-Known Member
Cliff said:
I think that when many people analyze what Chapek is doing, they tend to forget about Disney's board and shareholders. Everybody just focuses on him.

Folks, nobody here has inside knowledge of Chapek's communication with Disney's board...but we can CLEARLY see that he has their support. Chapeck has a mandate to make the changes this HIS "bosses" are asking for.

Love him or hate him. Either way is fine....but the guy is just following orders. If anybody hates the cultural changes that seem to be on the horizon?...hate the Board and investors "first". These are the people and organizations that have billions of dollars at risk and have their finincial necks stretched out.

If the rumors are true that the board/investors want to move Disney into a socially and politically NEUTRAL position in the future? I think that makes excellent business sense....for EVERYone.
Click to expand...

You keep lumping the board with the shareholders. They are not the same thing. There's a lot of talk right now about activist investors trying to stage and take over and oust Chapek. And shareholders are so enamored with Chapek that they're selling their shares. That's why the stock is down.
 
C

Cliff

Well-Known Member
mikejs78 said:
You keep lumping the board with the shareholders. They are not the same thing. There's a lot of talk right now about activist investors trying to stage and take over and oust Chapek. And shareholders are so enamored with Chapek that they're selling their shares. That's why the stock is down.
Click to expand...
Certainly...I have to believe that there is a tremendouse amout of disagreement at the Board and shareholder level on how to navigate their way out of this. I believe that Disney has an enormous public relations and public perception problem on its hands. I have to guess that they CANNOT fix their financial trouble until they fix their PR trouble.

Disney has always relied heavily on its brand "halo" with the public. Right now that "halo" over it's head is dimming FAST and I think the people with the most at steak....the shareholders...are the ones that will fight to get it back.

I dont know how this plays out in the next 3-5 years but Disney needs to restore as much goodwill with its customers as it possibly can. If they truly DO get labled a "nasty, political activist" company?....if that DOES become who they are?...they will literally chop their customer potenial in half.

There are many inside Disney that believe the company "should" take political and cultural sides and that doing so is a GOOD thing. Yes, many believe that political activism is Disney's "duty" to society. There are others that believe this tactic leads to financial disaster. I certainly am one of them.

Could you imagine if a company like....I dunno...Coca Cola came out with a press statement taking a publicly offical stance on abortion vs pro life? If Coke said? "We will work hard to PROMOTE one side of this cultural issue" Yes....half of America would be raging angry and the other half would be delighted. Coca Cola would crash and burn if they got involved like that....which is why no large company would ever try to do that.
 
Last edited:
Sir_Cliff

Sir_Cliff

Well-Known Member
Cliff said:
Certainly...I have to believe that there is a tremendouse amout of disagreement at the Board and shareholder level on how to navigate their way out of this. I believe that Disney has an enormous public relations and public perception problem on its hands. I have to guess that they CANNOT fix their financial trouble until they fix their PR trouble.

Disney has always relied heavily on its brand "halo" with the public. Right now that "halo" over it's head is dimming FAST and I think the people with the most at steak....the shareholders...are the ones that will fight to get it back.

I dont know how this plays out in the next 3-5 years but Disney needs to restore as much goodwill with its customers as it possibly can. If they truly DO get labled a "nasty, political activist" company?....if that DOES become who they are?...they will literally chop their customer potenial in half.

There are many inside Disney that believe the company "should" take political and cultural sides and that doing so is a GOOD thing. Yes, many believe that political activism is Disney's "duty" to society. There are others that believe this tactic leads to financial disaster. I certainly am one of them.

Could you imagine if a company like....I dunno...Coca Cola came out with a press statement taking a publicly offical stance on abortion vs pro life? If Coke said? "We will work hard to PROMOTE one side of this cultural issue" Yes....half of America would be raging angry and the other half would be delighted. Coca Cola would crash and burn if they got involved like that....which is why no large company would ever try to do that.
Click to expand...
I get that you believe this is all about what's going on in Florida and agree that it was handled badly by Chapek. If that was the only misstep he had, however, I don't think any of these discussions would be happening. In other words, this isn't all because Disney has become too 'woke'.
 
L

Lilofan

Well-Known Member
Sir_Cliff said:
I get that you believe this is all about what's going on in Florida and agree that it was handled badly by Chapek. If that was the only misstep he had, however, I don't think any of these discussions would be happening. In other words, this isn't all because Disney has become too 'woke'.
Click to expand...
This supposed “extension” will disappoint many. Surely there are no executive prospects that can take the job or is the Board resigned to the fact to keep supporting Chapek? There are a lot of factors in play also.
 
Tha Realest

Tha Realest

Well-Known Member
Cliff said:
Could you imagine if a company like....I dunno...Coca Cola came out with a press statement taking a publicly offical stance on abortion vs pro life? If Coke said? "We will work hard to PROMOTE one side of this cultural issue" Yes....half of America would be raging angry and the other half would be delighted. Coca Cola would crash and burn if they got involved like that....which is why no large company would ever try to do that.
Click to expand...
we don’t have to imagine. Coca Cola spoke out about Georgia’s voting rights bill last year. And nothing happened - to the bill or Coke. Now, they handled it much more deftly than Disney, and being an impressionable influence for young children hits the core of the “Don’t Say Gay” / “Don’t Be a Groomer” tension.

www.cnbc.com

After calls to boycott Coca-Cola, CEO says the company has always opposed new Georgia voting law

Coca-Cola CEO James Quincey said that the company has always opposed legislation in Georgia that restricts voter access.
www.cnbc.com www.cnbc.com
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom