Sign to remove BOB IGER as CEO of Disney

Hakunamatata

Le Meh
Premium Member
As poorly as his rant was executed, he's right about Iger in a couple respects:

We haven't gotten a respectable E-Ticket under his reign at WDW. A massive failure.

He has been slow to invest in new projects and the projects announced do have longterm timelines, making it difficult to wait with such needy parks at the moment.

Not sure what you're saying on other CEOs. Iger has been one of the highest (top 5) paid CEOs in recent years (by a lot). I think he mad over $40m in 2015 and only like MSFT's new CEO and crazy Larry Ellison make more.

Yes, DIS stock has performed well, but Iger's pay is among the most insane of any US company, so you are not correct in saying "CEOs are making as much or more" because only like 2 or 3 make more and Iger makes like double his closest competitors.

Iger has been a great shareholder CEO. I own shares. I am happy about that. But he's essentially stood on the shoulders of geniuses before him to squeeze pennies out of WDW and expand the Disney name in China. I'm fine with all that, but the flagship parks should NOT be in their current state under a "good" CEO. He's been awful for WDW.
I think the point that some, including myself, is that the constant Iger bashing is becoming tiring. How are we supposed to be able to focus on the threads about fun stuff like favorite park signs, change this or that surveys, or "your favorite crack in the concrete that supports a storyline of the attraction" threads.

Iger sux is so 2015.
 

Chef Mickey

Well-Known Member
I think the point that some, including myself, is that the constant Iger bashing is becoming tiring. How are we supposed to be able to focus on the threads about fun stuff like favorite park signs, change this or that surveys, or "your favorite crack in the concrete that supports a storyline of the attraction" threads.

Iger sux is so 2015.
I hear you that it gets tiring, but it's totally true and if we can't complain here, where can we?

If you sit back and think about it, it's insane that WDW is essentially the same as before he took over with his biggest and very questionable investment in the whole Magic Band idea. If you want to do that, go ahead...but no E-Tickets? No meaningful expansion? That addition to MK? You let EPCOT get that desolate? You are closing all of that at DHS while we wait for Star Wars/Toy Story?

Avatar still isn't done?

We still have Stich? Tomorrowland is still the same?

I could go on.
 

sshindel

The Epcot Manifesto
As poorly as his rant was executed, he's right about Iger in a couple respects in particular:

WDW has not received a respectable E-Ticket under his reign at WDW. A massive failure.

He has been slow to invest in new projects and the projects announced do have longterm timelines, making it difficult to wait with such needy parks at the moment.

Star Wars might turn out great, but EPCOT and DHS are not up to Disney standard at the moment....not even close. All of the "Favorite" rides are pre-Iger with the exception of Toy Story, a fun, but lazy attraction from a Disney perspective.

Not sure what you're saying on other CEOs. Iger has been one of the highest (top 5) paid CEOs in recent years (by a lot). I think he madw over $40m in 2015 and only like MSFT's new CEO and crazy Larry Ellison make more.

Yes, DIS stock has performed well, but Iger's pay is among the most insane of any US company, so you are not correct in saying "CEOs are making as much or more" across America because only like 2 or 3 make more than Iger and Iger makes like double his closest competitors. CEOs make a lot, but hardly any make Iger Money.

Iger has been a great shareholder CEO. I own shares. I am happy about that. But he's essentially stood on the shoulders of geniuses before him to squeeze pennies out of WDW and expand the Disney name in China. I'm fine with all that, but the flagship parks should NOT be in their current state under a "good" CEO. He's been awful for WDW.
Maybe I was looking at outdated data. This article from 2015 has him at #12, but I guess that is 2014 salary. I'm talking total compensation of course, not salary.
http://money.cnn.com/gallery/news/companies/2015/05/16/top-paid-ceos/12.html
 

CaptainAmerica

Premium Member
No. I kinda agree with the OP. I get the overall point. The priority for Iger and Walt Disney Company is pure profits at this point, and not the experience. It seems Disney wants to let us know loud and clear that Walt Disney is long gone and dead, and with it, the rest of his ideas, values and philosophy. But the fact is it won't matter how much we complain. The real people with voting and petition power are Disney stockholders with major shares in the company. And with exception of the stock performance the past 2-3 months, they have been generally happy with their wealth increase.
Give me a break. Walt Disney (the man) was a capitalist, plain and simple. When he said "quality will out," he wasn't speaking out of some rainbow-and-unicorn desire to give people kewl things just to be a super kewl dude. "Quality will out" means "building high-quality things is the best way to get people to give us piles and piles of money." Now you can disagree about whether Bob Iger has successfully implemented that particular strategy in pursuit of profit, but the pursuit of profit itself is nothing new.
 

EOD K9

Well-Known Member
When I first saw the thread title, I thought there was a physical sign (as in billboard) to remove Iger. Very similar to what you would see, "Catch a 3D Flick" you'd see a sign about removing him.
 

Chef Mickey

Well-Known Member
Maybe I was looking at outdated data. This article from 2015 has him at #12, but I guess that is 2014 salary. I'm talking total compensation of course, not salary.
http://money.cnn.com/gallery/news/companies/2015/05/16/top-paid-ceos/12.html
Yeah, but you gotta throw some of those out like the GoPro guy because that is all based on IPO activity. A lot of these are 1 timers because IPO, options exercised, or they sold some shares like the QCOM guy. Look at Iger's $25m+ cash compensation. He also owns over 1m shares of DIS, so if he ever sold that, he'd be the highest paid CEO.

Iger is consistently WAY up the list and even at #12, it's insane. Most CEOs make a lot, but being consistently in the top 10 or 20 makes you really, really highly paid. He's done a great job for shareholders which is why he's so highly paid, but he's not on the same planet as your "average" Fortune 500 CEO...he's like the top 1% of even that exclusive group, ing off a lot of WDW fans.

Again, not sure how you can disagree that he's been awful for WDW fans. I'm holding out hope that his great deal making will right some of the wrongs with Star Wars, Avatar, Toy Story, and perhaps something for EPCOT. Jury is out. From a parks perspective, I despise him.


Here is 2015 and where I was remembering:
http://www.equilar.com/reports/17-100-largest-company-CEOs-2015.html
 

sshindel

The Epcot Manifesto
I hear you that it gets tiring, but it's totally true and if we can't complain here, where can we?

If you sit back and think about it, it's insane that WDW is essentially the same as before he took over with his biggest and very questionable investment in the whole Magic Band idea. If you want to do that, go ahead...but no E-Tickets? No meaningful expansion? That addition to MK? You let EPCOT get that desolate? You are closing all of that at DHS while we wait for Star Wars/Toy Story?

Avatar still isn't done?

We still have Stich? Tomorrowland is still the same?

I could go on.
Sure, I get that. The thing is, he's not the CEO of Disney Parks™. He's the CEO of The Walt Disney Company. He has much more under his responsibility than WDW.
And I agree that some of the things that have been done on his watch, (especially continuing the downward spiral of Epcot), I can argue that what most folk's complaint is centers around timing. Not liking the pace of construction is one thing, but as a whole entity, TDWC, trying to oust him as CEO because you do not agree with his methodology of spending (wait for the buzz word!) CapEx, it's a little not seeing the forest for the trees, IMO.
 

EOD K9

Well-Known Member
Here's a separate question. Re: OLC, do they just lease the Disney Logo, Images, Characters etc and promise to keep the Disney Standard (or in this case, above standards)? Thanks.
 

Chef Mickey

Well-Known Member
Sure, I get that. The thing is, he's not the CEO of Disney Parks™. He's the CEO of The Walt Disney Company. He has much more under his responsibility than WDW.
And I agree that some of the things that have been done on his watch, (especially continuing the downward spiral of Epcot), I can argue that what most folk's complaint is centers around timing. Not liking the pace of construction is one thing, but as a whole entity, TDWC, trying to oust him as CEO because you do not agree with his methodology of spending (wait for the buzz word!) CapEx, it's a little not seeing the forest for the trees, IMO.
And I totally agree with you. He has done a lot of good for the company, which is ultimately his responsibility. I just think me and others have a hard time that he couldn't simultaneously manage a better showing at the flagship WDW. There are countless other pressures, but WDW is still ultimately his responsibility and its current state reflects poorly on him, no doubt about it.

It's not like he does any work, but he should manage the entity better than he has. He's essentially ignored it, milked it, and put it off. And guess what? It worked. Record profits, more guests than ever, and everyone on the biz is happy.

I pretty much only want WDW to get love because although I go to DL and have been to Tokyo Disney twice and Disney Paris once, it's still all about WDW.
 

Timsierramist

Active Member
Give me a break. Walt Disney (the man) was a capitalist, plain and simple. When he said "quality will out," he wasn't speaking out of some rainbow-and-unicorn desire to give people kewl things just to be a super kewl dude. "Quality will out" means "building high-quality things is the best way to get people to give us piles and piles of money." Now you can disagree about whether Bob Iger has successfully implemented that particular strategy in pursuit of profit, but the pursuit of profit itself is nothing new.
No breaks given. Never said he "wasn't a Capitalist" (see my post again, or for the first time). Disney wants to imply the typical salesman (feel good, rainbow, unicorns that you mention) stuff that Disneyland was solely created as Walt sat on a park bench, watching his daughters play, and realizing that he wanted families to share attractions toghether. It is beyond obvious and not worth mentioning that Walt was a Capitalist. Nothing wrong with that either, despite how others may feel about that system. No Capitalism, no Disneyland.

Point is, you made my point. Build HIGH QUALITY THINGS so folks will come and stay at the resort, spend money, come back again and again, etc. With the parks in their current state, many folks will likely choose to spend their vacation dollars elsewhere. Iger isn't really following the Walt Disney success game plan here. Feels like he is turning Disney into the average run of the mill them park sometimes.
 

sshindel

The Epcot Manifesto
Again, not sure how you can disagree that he's been awful for WDW fans. I'm holding out hope that his great deal making will right some of the wrongs with Star Wars, Avatar, Toy Story, and perhaps something for EPCOT. Jury is out. From a parks perspective, I despise him.
Oh, trust me, I can disagree with the best of them! ;)

Quite simply, I am not taking a short-term view, but a long-term one. His aquisitions of IP have set up a great future to mine for parks, the start of which is in the works now. He's invested in the parks, just most people like to write off NextGen as a disaster, when I view it as a brilliant investment in the parks by way of data. I like the work that has been done to refresh WDW, I do not judge based on how recent an E-ticket was added, but the overall picture. I like what I've seen as far as Avatar, Star Wars, and Toy Story so far, and assuming these things come to fruition as seemingly planned, then he'll have invested heavily into WDW, as he did for California Adventure as well.

The one thing I will agree on is the ruin of Epcot, but that started prior to his watch, and he's just continued the downward trajectory.
 

CaptainAmerica

Premium Member
Point is, you made my point. Build HIGH QUALITY THINGS so folks will come and stay at the resort, spend money, come back again and again, etc. With the parks in their current state, many folks will likely choose to spend their vacation dollars elsewhere. Not really what Iger is doing...at all.
This isn't what you initially argued. Paraphrasing, your initial statement was that there's something wrong with the pursuit of profit. In this statement, you seem to be saying that pursuit of profit is legitimate but that Iger isn't using what you believe to be the most effective strategy in that pursuit.
 

Chef Mickey

Well-Known Member
Oh, trust me, I can disagree with the best of them! ;)

Quite simply, I am not taking a short-term view, but a long-term one. His aquisitions of IP have set up a great future to mine for parks, the start of which is in the works now. He's invested in the parks, just most people like to write off NextGen as a disaster, when I view it as a brilliant investment in the parks by way of data. I like the work that has been done to refresh WDW, I do not judge based on how recent an E-ticket was added, but the overall picture. I like what I've seen as far as Avatar, Star Wars, and Toy Story so far, and assuming these things come to fruition as seemingly planned, then he'll have invested heavily into WDW, as he did for California Adventure as well.

The one thing I will agree on is the ruin of Epcot, but that started prior to his watch, and he's just continued the downward trajectory.
I view his 10 year run as a decent sample size and have given him credit on his acquisitions. While the announced plans might end up being excellent for the parks, they are not here today. I don't doubt he'll succeed in Star Wars, but it won't right all the wrongs of 10 years for me.

NextGen is only a failure for me if it was at the expense (literally) of making other improvements that were more pressing, particularly at EPCOT which we agree is in a state. I like data and think they can do a lot with it long term, but even as a shareholder, I struggle to understand what I believe is nearing a $2b expenditure pays back in any reasonable time frame. I'd just rather see some of those funds go to the parks and I know that some of those funds DID impact part development.

He did a great job at Cali Adventure, no doubt a bout it...but again, I'm speaking WDW in particular.

I suppose if Star Wars, Avatar, and Toy Story all open in the next 3 years, we can say we got a lot of great additions, but 13 years is a long time to wait and I think we can be critical in the interim. As I said, those won't right all the wrongs...we shouldn't be at this point.
 

Timsierramist

Active Member
This isn't what you initially argued. Paraphrasing, your initial statement was that there's something wrong with the pursuit of profit. In this statement, you seem to be saying that pursuit of profit is legitimate but that Iger isn't using what you believe to be the most effective strategy in that pursuit.
We are kind of splitting hairs here, perhaps even getting off subject, but i'll entertain. Here is what I said:

"No. I kinda agree with the OP. I get the overall point. The priority for Iger and Walt Disney Company is pure profits at this point, and not the experience. It seems Disney wants to let us know loud and clear that Walt Disney is long gone and dead, and with it, the rest of his ideas, values and philosophy. But the fact is it won't matter how much we complain. The real people with voting and petition power are Disney stockholders with major shares in the company. And with exception of the stock performance the past 2-3 months, they have been generally happy with their wealth increase."


Apologies if that was confused with "there's something wrong with the pursuit of profits". That's not what I intended at all.

But you were right the second time. I do disagree with the way Disney Company is being ran and their approach to making money, and so do most Disney fans it seems. And I'll admit that is probably true because my primary concern is the overall guest experience (me) at Disneyland, my stomping grounds and Disneyworld where as Iger's is making the stockholders a buttload (that is a legitimate form of measurement by the way) of cash. The cuts for example seem to be more of a short term revenue scheme versus the long sustained and slow increase one that we have come to see out of Disney Company since it first started. Perhaps Iger and the top brass are getting too big for their britches and feel pretty invincible at this point?
 

RonnieHare

Member
Original Poster
I think the point that some, including myself, is that the constant Iger bashing is becoming tiring. How are we supposed to be able to focus on the threads about fun stuff like favorite park signs, change this or that surveys, or "your favorite crack in the concrete that supports a storyline of the attraction" threads.

Iger sux is so 2015.

You might have missed the recent news that WDW is under going major cuts - people losing jobs, etc

But hey ho, sorry if we are disturbing talk about your love for 'Stitches great escape' attraction, etc
 

CaptainAmerica

Premium Member
We are kind of splitting hairs here, perhaps even getting off subject, but i'll entertain. Here is what I said:

"No. I kinda agree with the OP. I get the overall point. The priority for Iger and Walt Disney Company is pure profits at this point, and not the experience. It seems Disney wants to let us know loud and clear that Walt Disney is long gone and dead, and with it, the rest of his ideas, values and philosophy. But the fact is it won't matter how much we complain. The real people with voting and petition power are Disney stockholders with major shares in the company. And with exception of the stock performance the past 2-3 months, they have been generally happy with their wealth increase."


Apologies if that was confused with "there's something wrong with the pursuit of profits". That's not what I intended at all.
I think the bolded is where we disagreed. I read that as if you were saying that they could pursue profits OR the experience, as if they were mutually exclusive. That doesn't appear to be your point.

But you were right the second time. I do disagree with the way Disney Company is being ran and their approach to making money, and so do most Disney fans it seems. And I'll admit that is probably true because my primary concern is the overall guest experience (me) at Disneyland, my stomping grounds and Disneyworld where as Iger's is making the stockholders a buttload (that is a legitimate form of measurement by the way) of cash. The cuts for example seem to be more of a short term revenue scheme versus the long sustained and slow increase one that we have come to see out of Disney Company since it first started. Perhaps Iger and the top brass are getting too big for their britches and feel pretty invincible at this point?
I disagree with the bolded here as well. I don't know how you can argue with the results they've been putting up.
 

RonnieHare

Member
Original Poster
Yes, but it's not like this thread (no, not a petition) will do anything either. But I'm sure you already knew that, right Jordan?

It's a discussion. This is a forum. Are you happy with Iger's tenure? Are you a little miffed that despite record profits (none of which are his doing) he is making cuts at WDW ? Are you okay with the billions wasted on the MAGIC BAND system? Not one e-ticket attraction under his tenure - thoughts?
 

wm49rs

A naughty bit o' crumpet
Premium Member
It's a discussion. This is a forum. Are you happy with Iger's tenure? Are you a little miffed that despite record profits (none of which are his doing) he is making cuts at WDW ? Are you okay with the billions wasted on the MAGIC BAND system?
Well Jordan, you claimed it was a petition. And do you honestly think another of your "I hate Iger!" threads is going to change anything, no matter how you phrase it? Or are you simply here to lie and insult others again?
 

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