News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[Vegas Disney Fan]

The volume of trades is insanely high right now, millions of shares being sold, prior to the call Disney was trading at less than 100,000 shares a report, someone just unloaded 5 million shares and it’s averaging a half million at a time right now.

 

[Disney Analyst]

The volume of trades is insanely high right now, millions of shares being sold, prior to the call Disney was trading at less than 100,000 shares a report, someone just unloaded 5 million shares and it’s averaging a half million at a time right now.

Trian offloading?

 

[IanDLBZF]

Trian offloading?

I would think so

 

[Vegas Disney Fan]

Trian offloading?

Maybe, or panic trading.

 

[MisterPenguin]

More like Perlmutter unloading.

 

[Vegas Disney Fan]

Now down 3.5%

 

[Andrew C]

Maybe, or panic trading.

Iger offloading. “Fooled them again!”

 

[Brian]

Iger offloading. “Fooled them again!”

Mickey Mouse himself offloading. "Won't be seein' any of ya real soon, suckers!" *Mickey laugh*

 

[Kamikaze]

More like Perlmutter unloading.

Both Trian and Perlmutter own(ed) about 30m shares each, so it could be either or both. Or neither, but I'd bet its at least one of them.

 

[Sir_Cliff]

To say Peltz is the wrong choice is to say you can predict the future.

That suggests you can't evaluate anything that is going to happen in the future. Why vote in elections at all if choosing one candidate over the other is to suggest you can predict the future?

I could just as easily state that to say Iger won't turn the company around and do great things for the parks in his remaining years as CEO is to say you can predict the future.

 

[Vegas Disney Fan]

Seems to have stabilized at $119, for now.

 

[Chip Chipperson]

That suggests you can't evaluate anything that is going to happen in the future. Why vote in elections at all if choosing one candidate over the other is to suggest you can predict the future?

I could just as easily state that to say Iger won't turn the company around and do great things for the parks in his remaining years as CEO is to say you can predict the future.

"You can't predict the future" as an argument always seems to be a one-way street.

 

[Trauma]

The stock is now up 3.5% over the last 5 years.

Lots of high yield savings accounts yield better returns than Iger.

 

[mikejs78]

The stock is now up 3.5% over the last 5 years.

Lots of high yield savings accounts yield better returns than Iger.

Except Iger wasn't CEO for a good portion of those 5 years. Since he returned as CEO in November of 2022, the stock is up 30%, while the Dow is up only 16%.

 

[MR.Dis]

Except Iger wasn't CEO for a good portion of those 5 years. Since he returned as CEO in November of 2022, the stock is up 30%, while the Dow is up only 16%.

Now Iger should do the right thing and make Dana Walden the new CEO and get the heck out of the way--I know it will not happen just saying what should happen.

 

[mikejs78]

Now Iger should do the right thing and make Dana Walden the new CEO and get the heck out of the way--I know it will not happen just saying what should happen.

No matter what happens there needs to be a transition. You don't just say "you're CEO" and then bail.

But he needs to name his successor before the end of the year and promote them to COO.

 

[Sirwalterraleigh]

I get your suspicion but I've talked to him about parks and rides nobody cares about and feel like he's a better Bob. Probably the best you can hope for in reality. Just my two cents

The P&R guy is never the ceo. I doubt he would be either

If anything…there should be a Lt that’s P&R now - because it’s the biggest slice of the pie - and the ceo should handle lawyers, Wall Street, Hollywood, etc.

Everyone thinks this guy is great cause he has more personality that the one before

But the parks are still running with bad maintenance, hours design to force upsells and $45 a day to get 2 rides from the genie

The details haven’t changed

 

[Chip Chipperson]

Except Iger wasn't CEO for a good portion of those 5 years. Since he returned as CEO in November of 2022, the stock is up 30%, while the Dow is up only 16%.

Also, there was a period of time during that span when even high-yield savings accounts were paying less than 1% because the Fed rate was 0%, so saying you can get a higher rate on a savings account today ignores what rates were during the pandemic.

 

[Sirwalterraleigh]

Except Iger wasn't CEO for a good portion of those 5 years. Since he returned as CEO in November of 2022, the stock is up 30%, while the Dow is up only 16%.

You’re buying his line of crap

He was gone for about a year and a half and colluded with the board the entire time…

And they still tanked the box office and are falling behind in the parks and can’t figure out DTC based on his decisions before and after.

I promise…Disney will exist after him.

 

[Sirwalterraleigh]

You're ignoring that it wasn't a vote of Iger v Peltz 1 v 1, it was Peltz v Maria Elena Lagomasino.

So he's going to get a disproportionately high amount of votes because the person's seat he's trying to take is an unknown.

Well the small beans stockholders have NO IDEA who she is. She should lose just based on that

The entire board is a group of inner circle that doesn’t really relate to Disney’s
Business

And I’m sure that’s intentional…because guess who gets total control then?


Well we get to see what happens now? No tears by the doomsday machine around here when the next round of egregious fees drops