News Chapek FIRED, Iger New CEO

[Lilofan]

Still says Iger will direct the company’s creative endeavors until the end of 2021

Usually a do nothing job so he doesn't seem like he was forced out behind the scenes but he knew when to cash out and run.

 

[Dragonman]

I’m quite worried about everything honestly...

 

[Parker in NYC]

Wow...got that updated quickly.

Bob Chapek - The Walt Disney Company

Bob Chapek is Chief Executive Officer of The Walt Disney Company, one of the world’s largest media and entertainment companies and home to some …Read More

thewaltdisneycompany.com

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

 

[SplashJacket]

Well, this is interesting!

Very surprised it is not fake for how abrupt it is...

Bob Chapek Named Chief Executive Officer of The Walt Disney Company - The Walt Disney Company

Robert A. Iger Assumes Role of Executive Chairman through 2021 Mr. Iger Will Direct the Company’s Creative Endeavors Mr. Chapek Brings 27 Years …Read More

thewaltdisneycompany.com

Disney C.E.O. Bob Iger Hands Keys to Magic Kingdom to Its 7th Chief (Published 2020)

He will be replaced by Bob Chapek, who was most recently chairman of Disney’s parks business.

www.nytimes.com

 

[FigmentJedi]

 

[Notes from Neverland]

Investor call is playing "Into the Unknown" currently ... (edit to say this isn't a joke)

 

[KBLovedDisney]

Excuse my ignorance, but didn't Chapek give us the Disney 90s, specifically the Tomorrowland version?

 

[VJ]

This could be a good think for the parks based on that person.

I appreciate your optimism, but there's no way.

 

[jrhwdw]

This why the stock market has been crashing that last two days? That or coronavirus.

Corona as of now. What happens to Disney's stock after this news, who knows??? We knew Iger was going sometime. I don't follow the CEO news much so, was Chapek always in line and when did the insiders think it was going to happen??? This seems very sudden to me!

 

[Gitson Shiggles]

 

[monothingie]

Well...

Popcorn time.

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

 

[lazyboy97o]

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.

 

[Disney Analyst]

I appreciate your optimism, but there's no way.

I mean... We have to find some optimism. Maybe we'll get a real creative force in charge of the parks?

 

[Andrew C]

Corona as of now. What happens to Disney's stock after this news, who knows??? We knew Iger was going sometime. I don't follow the CEO news much so, was Chapek always in line and when did the insiders think it was going to happen??? This seems very sudden to me!

My post was more of a joke. Hah

 

[Animator_Alex]

Them playing the 2019 version of Hakuna Matata on the call is pretty fitting for this news

 

[FrankLapidus]

I thought I’d be happy on the day that Chapek was removed from his position as head of the parks.

Goes to show that you really should be careful what you wish for.

 

[HM Spectre]

 

[marni1971]

Investor call is playing "Into the Unknown" currently ... (edit to say this isn't a joke)

Hakuna Matata now.

It means no worries

 

[SteamboatJoe]

This seems sudden. Get out before coronavirus tanks the stock? Scandal? Fall out over the handling of Star Wars?

 

[jbernier93]

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.