JustInTime
Well-Known Member
Any chance this could improve and plans for the parks (or make worse) like what happened with the fantasyland expansion?
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Staggs resigns
- Thread starter Rider
- Start date
No Name
Well-Known Member
Okay. Cool. Your point? I am well aware of that and never said a word about Strategic Planning. The comeback of "you do not really know what you're talking about," followed by a completely arbitrary and irrelevant statement is one that I wasn't going to reply to and don't know that I should be.
Anyway, I was comparing Tom Staggs's time as head of the Parks and Resorts divison to Chappie's time. That is the only true comparison we can make. And I prefer to judge by the most recent of things, not stuff from over a decade ago that we can't pin a single person (such as Tom) for it being their fault or their doing. Tom Staggs, under a very similar situation in 2010, did not make as poor of moves as Chappie has. I don't like either of them but he is the lesser of two evils.
I believe you were initially quite excited but I can't find anything when I try searching for it so I'm not going to argue on that. Either way, I get it. It's important to give everyone the benefit of the doubt. And getting rid of the problems is the first step to anything better.
I like Eisner but he chose bozo leaders so yeah, that's concerning. It's also concerning why Tom left, which I will give my opinion on in a bit, but I have suspicions.
It would be oh so nice to see Iger get the boot. That would be the third CEO in a row who has been forced out. It's amazing that Disney is a $150 billion company despite not having a CEO voluntarily leave their spot since Walker in 1983, I think. It's a tradition at this point. The stock is low and if profits fall and ESPN worries continue... oh that would be great.
After thinking about it for a bit, I'm happy that Tom left today, because settling for mediocrity is never good. Staggs is even less than mediocity. And he really has been Iger's minion over the last few years. I hope whoever is next just has some new blood, some new ideas. I hope they have a smile that doesn't look completely faked. I hope, if they don't totally walk the walk, they at least talk the talk. Just have some passion, some energy. And I truly believe that passion and energy would radiate through the company and make it strong again.
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But do you want to remove her from Lucasfilms? Agree that she'd be great, but that IP is very important and needs someone of her caliber at its helm.
ParentsOf4
Well-Known Member
"What? You're not going to promise to promote me in 2 years? That's unacceptable. The heck with you and the heck with this company. I'm outa here!"
Now I remember why I despise dealing with these types.
Now I remember why I despise dealing with these types.
PhotoDave219
Well-Known Member
Captain! Welcome Back! Did you bring JJ?
CaptainAmerica
Well-Known Member
wdwfan4ver
Well-Known Member
You gave Staggs some credit that he didn't deserve. Staggs didn't have as much to do with the New Fantasyland as you think. Jay Rasulo actually was the person who approved New Fantasy Land. Remember Staggs replaced Rasulo in his final 2 positions of the company.
What Staggs did was change parts of New Fantasyland in terms of adding the Mine Train and most of the Storybook Circus theme. Those changes delayed New Fantasyland. Jay's version of New Fantasyland involved Dueling Dumbos, the Mermaid ride, the Beauty and the Beast Meet and Greet, Be Out Guest Restaurant, and the never built Pixie Hallow area full of meet and greets.
While Staggs played a role for mymagic plus, it actually was Jay Rasulo's baby. MM+ was something Jay came up with and Iger actually approved it with when Jay was the President of the theme division. The only things Staggs really had to deal with it was adding it to WDW.
Staggs was sole responsible for Shanghai and Avatar. The catch with Avatar was, the deal was done before there was plans of what attractions were going to be built.
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Here I am watching the special features with Episode 7 (thanks Disney for getting it to me the day before release date - even Amazon didn't do that), take a break to see what's happening on WDWMagic and I spot THIS!
I'm gobsmacked....... And elated. Let's hope the BOD chooses his successor VERY carefully. And by that, I mean looking to the future after June 2018.....
I'm gobsmacked....... And elated. Let's hope the BOD chooses his successor VERY carefully. And by that, I mean looking to the future after June 2018.....
alphac2005
Well-Known Member
My father used to deal with those types and the golden parachutes that he was in charge of administrating were deplorable. Whether it was a forced out executive, a temper tantrum still having to wait as you've noted, or merger, the prevailing theme was that it was never enough even though the packages were for many people's lifetime of wages just to hit the exit door and never look back. The stories I was always told were unreal and plays right into the current gross wage imbalance."What? You're not going to promise to promote me in 2 years? That's unacceptable. The heck with you and the heck with this company. I'm outa here!"
View attachment 136808
Now I remember why I despise dealing with these types.
lazyboy97o
Well-Known Member
Not if these Board members realize that the short term leaps are at the expense of long term health.
It seems to be trendy here to dismiss the popularity of Wedtern culture in China. I don't doubt Disney's attractiveness to a Chinese audience. The bigger flags are the "uniquely Chinese" elements dictated by the CCP and fueled by Disney's lack of cultural understanding.
When you respond to his role in Strategic Planning with nonsense from his time at Walt Disney Parks and Resorts then it is still relevant. Chapek is doing what his bosses (Staggs and Iger) want him to do.
HarrisburgMouse
Well-Known Member
Sounds like another Disney Wars book could come out of the last 12-18 months... Fascinating to watch. Record profits. Major acquisitions. Stock analysts continue to rate DIS as a strong buy, even with the questions.
jt04
Well-Known Member
I think every scenario has been covered. Eventually the correct will be cherry picked as "proof".
Personally I think he got passed over for CEO. Iger extends to ensure stability.
All this is good.
radiohost
Well-Known Member
I think Iger is gone in two years because the board wants him to leave on a high mark, not have a "Michael Eisner 1995-2005" depacle happen again.
If in 1990 you would have said within 10 years Eisners reputation would have hit the pits, you would have been laughed out of the room.
If in 1990 you would have said within 10 years Eisners reputation would have hit the pits, you would have been laughed out of the room.
LudwigVonDrake
Well-Known Member
Hollywood Reporter lists a few choices for CEO (including Iger) : http://thr.cm/3D5FbO
ToTBellHop
Well-Known Member
Who will play the role of Ed in Iger's nightly performance of "Be Prepared" now???
No Name
Well-Known Member
So, it begs the question. The most concerning and interesting question of all (other than who will replace him). Why did he leave?
Jay Rasulo's departure was understandable. He had been benched. But Staggs was next in the batting order, and he isn't stepping up to the plate. Why? Maybe he sees that Iger hit a pop fly to center field, and Tom doesn't want to end the inning. Maybe the team is losing so badly that Tom knows his effort won't turn the game around. Maybe he's walking off by his own choice. If so, that signals a concern, and a sort of sick feeling in me. The guy influenced much of what went on in the last few years, and now he's leaving before the long term effects will be seen. Is the company's future really pointing so downhill right now that Tom doesn't have a solution and thinks the heat will inevitably fall on him if he becomes CEO? So many questions.
Maybe he was forced out by the company. But why? I could not even begin to guess, and I don't think that's likely. Iger wants anything but more trouble with finding a successor. Did Iger begin to really not like the guy. I don't know, but it's possible.
Maybe he got a job offer elsewhere. It's possible that he will become CEO of another large company by the end of the year. The man is getting old, 2018 might've been too long to wait, especially if he sees stormy waters ahead.
Either way, it shows us that something is not right. The family is not all good and tight. This is the first major but odd departure during Iger's tenure (other than Tony Baxter, maybe). And that makes it exciting, to me at least.
Jay Rasulo's departure was understandable. He had been benched. But Staggs was next in the batting order, and he isn't stepping up to the plate. Why? Maybe he sees that Iger hit a pop fly to center field, and Tom doesn't want to end the inning. Maybe the team is losing so badly that Tom knows his effort won't turn the game around. Maybe he's walking off by his own choice. If so, that signals a concern, and a sort of sick feeling in me. The guy influenced much of what went on in the last few years, and now he's leaving before the long term effects will be seen. Is the company's future really pointing so downhill right now that Tom doesn't have a solution and thinks the heat will inevitably fall on him if he becomes CEO? So many questions.
Maybe he was forced out by the company. But why? I could not even begin to guess, and I don't think that's likely. Iger wants anything but more trouble with finding a successor. Did Iger begin to really not like the guy. I don't know, but it's possible.
Maybe he got a job offer elsewhere. It's possible that he will become CEO of another large company by the end of the year. The man is getting old, 2018 might've been too long to wait, especially if he sees stormy waters ahead.
Either way, it shows us that something is not right. The family is not all good and tight. This is the first major but odd departure during Iger's tenure (other than Tony Baxter, maybe). And that makes it exciting, to me at least.
DGracey
Well-Known Member
A name not referenced around this place enough is ... Isaac Perlmutter.
When Disney got Marvel, it got Ike too.
The Marvel purchase made Perlmutter one of the largest single shareholders of the Walt Disney Company.
And being the largest shareholder comes with great power and sway - with the board and over Iger (it's like Sid Bass' control over Eisner all over again).
Who has Isaac Perlmutter not liked in the Disney executive suite for years? Tom Staggs.
Rumours continually persisted Ike did not respect Staggs creative sensibilities or decisions.
In short Disney history - Perlmutter got former Consumer Products head Andy Mooney booted because he didn't like the way Marvel characters were sold, so he got someone he liked put into head that division - Bob Chapek. Then when Staggs moved to COO and Chapek took his place at Parks, Staggs put Leslie Ferraro in Consumer Products. Guess what happened there? Perlmutter did not like Staggs choice in Ferraro either - and poof - 9 months into her new role she was already gone.
Perlmutter likely strongly signalled - as Disney's largest shareholder and an activist one at that - there was no way he was supporting Staggs for the top job. And Disney's board (representing shareholders!) got the message too - Staggs was clearly out. Staggs got the message.
Iger put Staggs in the COO post so he could prove he was a worthy heir. But it actually proved the opposite - it was never meant to be.
When Disney got Marvel, it got Ike too.
The Marvel purchase made Perlmutter one of the largest single shareholders of the Walt Disney Company.
And being the largest shareholder comes with great power and sway - with the board and over Iger (it's like Sid Bass' control over Eisner all over again).
Who has Isaac Perlmutter not liked in the Disney executive suite for years? Tom Staggs.
Rumours continually persisted Ike did not respect Staggs creative sensibilities or decisions.
In short Disney history - Perlmutter got former Consumer Products head Andy Mooney booted because he didn't like the way Marvel characters were sold, so he got someone he liked put into head that division - Bob Chapek. Then when Staggs moved to COO and Chapek took his place at Parks, Staggs put Leslie Ferraro in Consumer Products. Guess what happened there? Perlmutter did not like Staggs choice in Ferraro either - and poof - 9 months into her new role she was already gone.
Perlmutter likely strongly signalled - as Disney's largest shareholder and an activist one at that - there was no way he was supporting Staggs for the top job. And Disney's board (representing shareholders!) got the message too - Staggs was clearly out. Staggs got the message.
Iger put Staggs in the COO post so he could prove he was a worthy heir. But it actually proved the opposite - it was never meant to be.
Rteetz
Well-Known Member
But didn't Iger move to get Perlmutter moved out of the way so Kevin Feige could work freely? That type of move doesn't sound like someone you want as your next CEO...
Uh ooh......