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Did a Iger pull a fast one on Chapek?

Goofyernmost

Well-Known Member
Seriously? All Iger had happen was that his circumstantial unplanned good timing followed him right into retirement. He also, if he followed his usual procedure had cashed in his Disney stock when the value was higher.
 

awoogala

Well-Known Member
The timing seems way to close now Chapek who I could care less about is left to deal with the closures and losses.
everyone in banking has been warning about a huge recession coming for months. Corporate debt is off the charts right now. There is no way Iger, with all his connections, didn't have a clue it was time to go.
 

winstongator

Well-Known Member
I think Iger gave Chapek some latitude. The Coronavirus problems and other operational decisions are going to impact Chapek more, so giving him the CEO role when the decisions are made let’s him make the bed he's going to be sleeping in.
 

eliza61nyc

Well-Known Member
lol, wait are you saying Iger planned the corona virus just to doom Chapek to failure??
I'm going to say no. I think the guys who play at this level have a different mindset, sort of like a person who runs for President. they all think that they are the best thing for the company/country
 

JIMINYCR

Well-Known Member
Iger didnt have any insight into the future, no crystal ball or clairvoyance in seeing how this hysteria would build and there would be closures in the USA. Just like Chapek wouldnt know that his promotion would land him immediately in the middle of this. Most of what happens going forward will be determined by how things are reported and how people are fed info, but if he survives this the rest of his tenure at the top will be an easy run in comparison. I actually feel sorry for him being plopped in the middle of this.
 

Kamikaze

Well-Known Member
The timing seems way to close now Chapek who I could care less about is left to deal with the closures and losses.

On the contrary - all these companies (and Trump for that matter) will now blame the losses in this quarter and the next on COVID-19, not actual economic problems. Meaning that stockholders (and voters) won't be out for their heads because its not their fault that the stock/economy tanked.
 

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