News Chapek FIRED, Iger New CEO

[the.dreamfinder]

This is weirdly good for Parks. I think everyone is seriously overlooking that. A CEO that came from Parks, and knows their profitability will give resources to Parks. A person that is really intense about quarter over quarter gains, and was bad operationally, is going to have less of an impact from higher up the corporate ladder. Plus, this gives the opportunity for someone with actual parks opportunity to fill into DPEP. As for who fills that role, Colglaizer and Potrock come to mind as people that seem to be in a good position to fill the role.

Those folks see Parks as an ATM that dumb people give money to.

 

[999th Happy Haunt]

Proof we’re living in an alternate reality

 

[Disone]

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

You won't be in the minority for long.

 

[Monorail_Orange]

First of all, this succession was pretty well-known. This shouldn't surprise any of us. Those of you preaching another lost Disney decade might well be proven right. I'm going to expect the worst but hope for the best. Time will tell.

 

[Disney Analyst]

Just finished the call. Very interesting.

 

[ShoalFox]

I shudder to think of the day when Iger is looked fondly upon like how many people think of Eisner now.

 

[jrhwdw]

I think you’re greatly underestimating how much money ESPN and ABC make for TWDC... it brings stability to the company as a whole.

You are right, I don't know much about that. What I donb't want is ESPN/ABC/ABC News taking money from the parks!!!

 

[RobbinsDad]

Bob I. remaining as an executive means this is essentially a probationary period for Chapek. If things go to hell they can re-instate Iger as Interim CEO while conducting an external search.

 

[Model3 McQueen]

Lord help Disney parks.

 

[FrankLapidus]

Iger is taking a creative role, which I understand to mean studios really, not parks.

Iger is creative?!

He’s hidden that extremely well since he joined the company.

 

[trainplane3]

~WE'RE ALL IN THIS TOGETHER~
What a fitting song.

First of all, this succession was pretty well-known. This shouldn't surprise any of us. Those of you preaching another lost Disney decade might well be proven right. I'm going to expect the worst but hope for the best. Time will tell.

It's not so much the succession, it's the timing. Quite literally out of nowhere.

 

[marni1971]

A CEO that came from Parks, and knows their profitability will give resources to Parks. .

Therein lies two of my fears.

He knows he can milk the parks - and the customer of them - for every cent possible.

He has given resources to Epcot. And that’s on the whole a personal disaster.

I hope he proves me wrong.

 

[A Noble Fish]

Madness.

 

[Sirwalterraleigh]

I think you’re greatly underestimating how much money ESPN and ABC make for TWDC... it brings stability to the company as a whole.

Tv/espn revenues peaked in 2009.

I think you need to re-evaluate what has been going on.

 

[skiir97]

Iger is creative?!

He’s hidden that extremely well since he joined the company.

What do you mean? He knows when more trees need to be added! (per The Imagineering Story)

 

[brb1006]

This news was enough to get me back on the forums (hi everyone). I wonder what happened to make him leave before his set date... I'm not too optimistic about what Chapek will do, but we'll see.

Welcome back, I really missed seeing you on this site.

 

[durangojim]

Something I found interesting was Iger's admiration or appreciation for Chapek. I think it was in Iger's book where he name-checked Chapek specifically about his handling of the death of the boy by the alligator at the Grand Floridian. I remember reading that and thinking I'll bet Iger wants him as the next CEO. Chapek was also featured a fair amount in the later episodes of the Imagineering story. Maybe Chapek will have a change of heart and not be as bad as we think he'll be. I'm not counting on it but I am willing to give him some benefit of the doubt.

 

[GhostHost1000]

Anyone speculate Iger jumping in the presidential election yet?

 

[RaveOnEd]

Last time I Checked Target WASN'T going into EPCOT!! Let's not put bad info on Here!

I'm picturing the red Target emblem being projected onto Spaceship Earth...

 

[glimmerman76]

Bob I. remaining as an executive means this is essentially a probationary period for Chapek. If things go to hell they can re-instate Iger as Interim CEO while conducting an external search.

Exactly.. Bob I is going to be around till the end of 2021 to make sure the other Bob does not screw it up. Its sudden because they need to do it today.