Did Rasulo already spend his net worth in all these years after he quit Disney and now wants to get a paying job?
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News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026
- Thread starter DCBaker
- Start date
Dranth
Well-Known Member
That's fine, so let me ask you this, what does bringing in Peltz accomplish?
At his other stops he has managed to push through significant budget cuts, sell off assets, and increased stock buy backs. That's great for stock holders short-term but does nothing to address long term issues and actively hurts spending on things customers/fans want. Even more so in an entertainment company like Disney. Doesn't sound like a great fit on that front.
Is it just that he will get rid of Iger? If so, I believe that is short sighted. By the time Peltz got on the board and managed to amass enough sway to do anything other than run his mouth, Iger will already be gone. That will leave the new CEO with at least part of their board trying to suppress investment and pump the stock at all cost. I would prefer a new CEO to step into a relatively intact Disney with the current board that has shown they are willing to spend money. The gamble is that the new CEO will spend it better/wiser than Iger has.
Let's throw all his history aside real quick and assume this time is different and Peltz legit cares about the customer. He really wants to fix the problems we all have with Disney currently. Great, but the fact that he just nominated one of the worst and most disliked guys by park fans tells me all I need to know about how well any plans of Peltz will turn out and just how poorly he understands the business.
flynnibus
Premium Member
The argument is -- shareholder representation outside of the sphere of influence of Iger.
𝕴𝖒𝖆𝖌𝖎𝖓𝖊𝖊𝖗97
Well-Known Member
- In the Parks
- No
Ok so Rasulo had the bad idea to put in meet-and-greets...AND? I'm not defending him, I'm just asking someone to tell me why having him on the board is a bad idea. Don't we want a counter-balance to Iger? I don't trust Iger to fix the company. That doesn't mean I trust Rasulo, but I still haven't heard an explanation as to why he is SO bad.
Magic Crush Drop
Active Member
Might as well just give Paul Pressler president of Disneyland...again.
𝕴𝖒𝖆𝖌𝖎𝖓𝖊𝖊𝖗97
Well-Known Member
- In the Parks
- No
Didn't Rasulo replace Pressler as head of parks?
Dranth
Well-Known Member
Great. As a stock holder, that is something I agree with and makes perfect sense but from a fans perspective, Peltz and Rasulo are the proverbial monkey paw curling.
Magic Crush Drop
Active Member
Yeah but why him exactly?
Vegas Disney Fan
Well-Known Member
I don’t think he’d be anyone’s first choice but he’s the only one who seems to have any chance of bringing ”change” to the top of Disney.
Stripes
Well-Known Member
Rasulo is nothing more than a figurehead to address Disney’s criticism that Peltz has zero experience with a large media company.
Peltz doesn’t care about getting Rasulo on the board. He just wanted to counter some of the criticism Disney attacked him with last time.
Peltz doesn’t care about getting Rasulo on the board. He just wanted to counter some of the criticism Disney attacked him with last time.
Rasulo was CFO at one time and also head of parks another time. When he was not considered to be the next CEO he quit Disney.
denyuntilcaught
Well-Known Member
𝕴𝖒𝖆𝖌𝖎𝖓𝖊𝖊𝖗97
Well-Known Member
- In the Parks
- No
Somebody tell me why Rasulo is a bad idea!
Thanks, yeah I know that much, but the person I was replying to was making it sound like Pressler and Rasulo are equivalent.
For starters?
Rasulo shouldn't come within a lightyear of Disney's BoD. He's a truly awful penny-pinching nitwit. "Disney Parks" was his brainchild, what does that tell you?
TalkingHead
Well-Known Member
What Iger hath wrought. Most of that list describes various phases of his tenure.
You mean synergistic ideas that Iger never reversed because it all comes from the same bland corporate mindset?
Who do you think approved Rasulo’s ideas?
𝕴𝖒𝖆𝖌𝖎𝖓𝖊𝖊𝖗97
Well-Known Member
- In the Parks
- No
What other ideas besides Meet-and-Greets? Surely there must be something! Give me some reason to oppose him!
Model3 McQueen
Well-Known Member
- In the Parks
- No
What, empty promises and stupid long construction times don't do it for ya?