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

[MagicHappens1971]

As CEO, he is fiduciarily obligated to the shareholders (fractional owners) of $DIS. Based on the valuation of $DIS, how has he performed?

While people on here can speculate and give their opinions, the board could remove him if they felt they had better options….

 

[Brian]

While people on here can speculate and give their opinions, the board could remove him if they felt they had better options….

Just because there's no better options doesn't mean the incumbent is still good.

 

[Nubs70]

Here’s the past 10 years…. View attachment 796835

So about 14% in 10 years?

Bob is a little better than average.

 

[TrainsOfDisney]

So about 14% in 10 years?

Bob is a little better than average.

he’s no Tim Cook that’s for sure.

 

[JoeCamel]

So about 14% in 10 years?

Bob is a little better than average.

I'm not sure what average you are using but S&P500 is up 280% for the same time period. Index wins

 

[Nubs70]

I'm not sure what average you are using but S&P500 is up 280% for the same time period. Index wins

Augist 2014 $DIS - $86/share - August 2024 $98/share unless a split occurred in the meantime

 

[Lilofan]

While people on here can speculate and give their opinions, the board could remove him if they felt they had better options….

They could but some think Iger controls the Board?

 

[JoeCamel]

Augist 2014 $DIS - $86/share - August 2024 $98/share unless a split occurred in the meantime

Right so your 14%, was the post sarcasm? I usually can see it

 

[JD80]

Instead of comparing Disney too the index, can we compare it to other entertainment and experience companies? Probably a better argument.

I don't know who those companies are though.

 

[Nubs70]

Right so your 14%, was the post sarcasm? I usually can see it

Not sarcasm. From the graph posted, all the nice price jumps in between mean nothing to the buy n hold player. Now if you are a short seller/market timer, there is an argument that Bob could be your guy.

By average, I was referring to the average stock gain over the 2014 to 2024 time period which came in at about 12.5%

 

[TrainsOfDisney]

Instead of comparing Disney too the index, can we compare it to other entertainment and experience companies? Probably a better argument.

I don't know who those companies are though.

I thought about that but nobody is really directly comparable. Comcast would be the closest I suppose.

 

[Nubs70]

I thought about that but nobody is really directly comparable. Comcast would be the closest I suppose.

Comcast has outperformed DIS over the last 10, 15, and 20 year time periods.

 

[Stripes]

I thought about that but nobody is really directly comparable. Comcast would be the closest I suppose.

NBCUniversal is the only true comp for Disney, although even they don’t have as much legacy media networks exposure.

 

[TrainsOfDisney]

NBCUniversal is the only true comp for Disney, although even they don’t have as much legacy media networks exposure.

right, which is why I said comcast would be the closest.

 

[Stripes]

right, which is why I said comcast would be the closest.

But only 10% of Comcast’s revenues are studio entertainment and parks. So even Comcast is a poor comparison despite the obvious similarities between Disney and NBCUniversal.

 

[JD80]

Comcast is tough because I assume most of their revenue is from internet service.

 

[BrianLo]

Comcast is only up 40% on Disney on a ten year scale, and this was essentially the same levels a month ago.

Wall Street is really only evaluating Bob on his timescales of overseeing the company anyways. His start to 2019, Fall 2022-now.

The former timescale was already declared a success, it’s this new one where scrutiny will certainly start to rebuild… but again, I don’t think this current stock price is really going to stick through their next earnings guidance.

 

[TrainsOfDisney]

The former timescale was already declared a success, it’s this new one where scrutiny will certainly start to rebuild…

The first one was fueled by hope and early good decisions. Buying Pixar, Lucas, and Marvel were good decisions that all paid off…. At first.

Some of the early investments in the parks were pretty solid (DCA 2.0, Avatar, Star Wars should have been….)

But then things really started taking a turn -

 

[BrianLo]

But then things really started taking a turn -

Which coincides with a different CEO as far as Wall Street is concerned.

I know the users here feel otherwise… but that’s how he is being judged.

It’s really not unfair to say that Disney company peaked in 2019. In part that was by design for Bob’s exit strategy. I don’t think Iger gets a free pass personally, but I think there were some real legitimate decisions made by Chapek that have landed us here. That I don’t think would have been Iger strategies if he had still been in control. Those bad decisions keep mounting in hindsight.

I still feel the one truly definable decision I can ascribe to Chapek, that I think was good, that I don’t as strongly believe Iger would have done, was purchasing the Genting Global Dream.

 

[Sirwalterraleigh]

Which coincides with a different CEO as far as Wall Street is concerned.

I know the users here feel otherwise… but that’s how he is being judged.

It’s really not unfair to say that Disney company peaked in 2019. In part that was by design for Bob’s exit strategy. I don’t think Iger gets a free pass personally, but I think there were some real legitimate decisions made by Chapek that have landed us here. That I don’t think would have been Iger strategies if he had still been in control. Those bad decisions keep mounting in hindsight.

I still feel the one truly definable decision I can ascribe to Chapek, that I think was good, that I don’t as strongly believe Iger would have done, was purchasing the Genting Global Dream.

Disney doesn’t turn on a dime…so if it “peaked” on paper in 2019…the wheels were turning several years before. They really started to run out of steam around 2015 objectively…decline interest started in that ballpark.

And to that “it takes time”

Slaphead has some public snafus that cause damage…but he didn’t have enough time to scratch the surface really.

And he never had the board…not for one second.

When somebody like Sue Arnold tells you who they are…believe them