News Chapek FIRED, Iger New CEO

[the.dreamfinder]

Funny, he majored in microbiology but can't seem to realize what a fungus he is!

Well, he certainly isn’t a fungi!

 

[Dr.GrantSeeker]

Was this really Iger's succession plan all along?

 

[the.dreamfinder]

This seems sudden to us, but the way everything coming out is being coordinated, it seems likely that this has been the plan for a long time.

Or something is missing to this story.

 

[jpeden]

This is absolutely bizarre. For years now Iger has said he is going to be leaving and then extending his tenure. He repeatedly promised a planned and orderly leadership transition. An immediate change doesn’t align at all with that past behavior.

Iger still leading creativity is at least a good laugh.

Unless he’s gonna get in the Presidential race.....

 

[durangojim]

What the Face!?

 

[jrhwdw]

My post was more of a joke. Hah

Couldn't tell as Corona is now in Italy and and Wall Street didn't like that yesterday!!!

 

[Sirwalterraleigh]

Wow...not only did Iger not bother to even BS. a succession plan...he up and left without even trying to have one.

How’s the market doing today?

 

[Disnerd2003]

Ah i love how a few months back when I was giving info and this was included everyone lost their minds and called me a phony. This is glorious @MisterPenguin.

 

[SplashJacket]

https://edge.media-server.com/mmc/p/44jra6cw

Not sure if someone posted a link to the conference but here it is.

Call starts at 4:30 (1 minute)

 

[Slpy3270]

Talk about sudden news. I thought Kevin was gonna get it.

 

[csmat99]

How long before Comcast buys what is left of the dumpster fire formerly know as Disney? I give it two years. I also have feeling ESPN is losing NFL.

 

[durangojim]

My guess is either sex or health issues.

 

[Gringrinngghost]

Gentlemen, it has been a privilege going to the parks with you...

 

[marni1971]

This seems sudden to us, but the way everything coming out is being coordinated, it seems likely that this has been the plan for a long time.

BBC has a plan - and preprepared material - for when our monarch dies.

 

[monothingie]

@realBobChapek get your headshot right. We all know you're bald, we don't need to see the top half of your torso to hide it.

 

[Parker in NYC]

Well, he certainly isn’t a fungi!

Let's go for mutation or... or a rare bacterium causing a true pandemic. I didn't study the sciences, so work with me here.

 

[Lilofan]

Bald Bob gonna clean house? Or other execs no longer in line for CEO going to find exciting new opportunities outside the company?

Oh, that's for sure...

 

[FigmentFreak]

@realBobChapek, congrats you did it! Now that you're CEO, what are you going to do next?!



I swear if you screw this joke up...

I bet he's going to Universal Studios

 

[TheDisneyDaysOfOurLives]

It feels extremely sudden and this is not something you spring on investors as an 'immediate' thing unless something is going on, especially with a contract that had just shy of two years remaining on it. You normally announce your succession plan with a date as to when someone is going to take over to help soothe investors nerves.

Stock is down right now and it will be interesting to see what happens during after-hours trading. I don't see it catering, but definitely would not be surprised by a 10% drop considering how well Iger has done for investors, all dependent on how Wall St. feels about Chapek.

 

[Chef Mickey]

Well...

Popcorn time.

He’s raising prices on that.