1. Iger has had a good tenure...but that has nothing to do with Eisner’s labeling him a suit or questioning his creativity. Bob isn’t the same type.
Eisner didn't think he could run the company, and since you admit Iger had a good tenure, Eisner was wrong. Honestly though I think Eisner was just a little miffed about losing the company he loved.
2. That’s a huge assumption. We have no idea what the opinion of chapek by “the board” is? This arrangement is weird and at least raises questions?
You realize only the board has the power to hire/fire the CEO... Right? Which is also why all this talk of it being sudden is silly... paperwork has to be filed with the SEC, the lawyers have to be involved, press and publicity, scheduled interviews arranged for investors and the networks and so on. This has probably been in the works for weeks.
Being an internal Disney employee doesn’t really equate with the size they are now...the street would want someone with broader experience. And chapek is a T-shirt salesman...plain and simple. He’s neither a big money guy nor creative.
And Bob is just a weatherman, and Eisner was just a producer and Walt just made cartoons.
The board has long wanted someone from the outside due to potential internal conflicts with this big Hollywood egos. This happened during Eisner's tenure, and almost sank him. Appointing Kevin Mayer or Kathleen Kennedy as CEO (or even suggesting Kennedy) would have riled the other factions within the studio hierarchy and potentially risked an exodus (which admittedly could still happen).
Keeping all your creatives happily creating means appointing a neutral element from outside the creative circle. I suspect thats why Iger has been pushing for parks guys to take the role since Rasulo amd Staggs switch places.
so fingers crossed this works out but I would think this tenure won’t be taking on big changes and growth. Will be asked more to keep the ship steady and slowly grow with what we have.
The desire for rapid expansion was and acquisition was something that Eisner wanted, and Iger just followed in his footsteps. Back when Iger was first promoted to COO, Disney was fighting off takeover bids from AOL and Comcast. Growing Disney was a way to stave off those acquisitions. The Disney flag is still the only one that has flown over the studio Walt built, and I'm pretty sure its the last of the big Hollywood studios to remain independent their entire life.
But that period of growth may be over, as they are quite large now. Still not so big as to be gobbled up by Apple or Google, but safe now from the bigger internet/media conglomerates like Netflix or Verizon.
So I think you're right in saying there will be less growth and more sustainment during Chapek's tenure, but that is not at all a bad thing.
Tim Cook didn’t build modern Apple, he’s just sort of made sure the place doesn’t blow up. Bob Chapek doesn’t need to be a genius or a creative, he just needs to keep the company moving forward.
Exactly.
I have the feeling that Chapek is being set up as the fall guy when the Coronavirus hits or the other shoe is dropped.
Corona Virus will be the fall guy. People understand that this is an unusual circumstance.
I would like to say CONGRATS
@realBobChapek make me proud!
Planning anything for your retirement? Amateur weather forecasting or perhaps some sweater enthusiast clubs?