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

[Sirwalterraleigh]

I'm personally offended that Bob Iger would have the temerity to claim that he's overwhelmed and exhausted, and that he found the company in much worse shape than he thought it was in.

Did he?

Did Sue Arnold change the words on all the internal emails she forwarded to him each day?

 

[_caleb]

Did he?

Did Sue Arnold change the words on all the internal emails she forwarded to him each day?

I mean, how could Bob possibly have known things weren’t going so well? Or that it might be more difficult than retirement to turn things around?

 

[Dranth]

Well chapek didn’t “greenlit” Indy…nor some of the shows like obi wan that was kicked around starting in 2015…
But that’s minor.

I’m only believing Iger…who celebrated himself in the last decade for how he built Disney from the ground up from nothing (paraphrased)…
And now is slashing and burning what you must admit was mostly done under him.
If he was so great…why is it in rough shape as it is?

But even if chapek was an undercover genius (something no one would entertain him being)…the fact all these bad people were there and allowed to stick really goes back to the yacht, doesn’t it?

You hire bad people and you own it. Business 101.

Sure, scripts were out there in various states but the final go ahead to start production were largely under the DMED structure. Trying to use when scripts are written would be difficult with as long as that can take and as many rewrites/changes they go through.

As for the rest, Iger certainly is full of himself, but that is a common CEO trait in my experience. He also, in the grand Disney tradition established by Eisner, drove off anyone he thought would be competent enough to replace him as CEO, hence why we got Chapek. So sure, he is responsible for that. You won't get any argument from me there. The thing is I see the changes he has made since returning as improvements. You see them as more of the same, fair enough. We'll see where it ends up.

Either way, I don't think he is going to be around too many more years as the changes either work, the ship gets headed in the right direction and he gets to ride off a hero in his own mind again or he gets driven off because the changes don't work or are too slow to develop and the board is forced to make a change. Either way, I believe those changes need some time to start making an impact. Personally, I feel D23 next year is a reasonable time frame. Assuming the actors strike ends anytime soon movies should be releasing and there should be a solid plan in place for the parks.

Quick side note. I appreciate the civil discussion with everyone this morning. The games today started off pretty slow so nice to have an interesting conversation while waiting for things to pick up.

 

[Vegas Disney Fan]

You hire bad people and you own it. Business 101.

This was the point of my earlier comment, I don’t think 99% of CEOs are hands on enough to receive the credit/blame they receive for individual choices, that falls on their department heads, he deserves the credit/blame for hiring and managing those people though.

 

[Lilofan]

I'm personally offended that Bob Iger would have the temerity to claim that he's overwhelmed and exhausted, and that he found the company in much worse shape than he thought it was in.

Probably that daily 45 min workout on the Versa climber at 430am with his personal trainer. That machine is not for the faint of heart.

 

[Sirwalterraleigh]

Probably that daily 45 min workout on the Versa climber at 430am with his personal trainer. That machine is not for the faint of heart.

And the 2 hours upside down in his stretching harness…trying in vain to get up to 5’4”

 

[celluloid]

Probably that daily 45 min workout on the Versa climber at 430am with his personal trainer. That machine is not for the faint of heart.

That should make you healthier and conditioned. Not more tired.
Just think of his underpaid personal trainer who has to get up earlier than he does and smell the guy.

 

[GhostHost1000]

I don’t think Iger could explain in 1 sentence what the Walt Disney company is. That’s part of the problem. There are too many departments and they aren’t working together.

A paycheck to him and a bunch of suckers thinking he’s the man and can do no wrong

 

[peter11435]

I don’t think Iger could explain in 1 sentence what the Walt Disney company is. That’s part of the problem. There are too many departments and they aren’t working together.

I think he could without hesitation.

But I don’t think most of would like his answer.

 

[Lilofan]

I think he could without hesitation.

But I don’t think most of would like his answer.

CEOs have to carefully word their feedback to the public. Everything they say is carefully dissected. Or else say nothing at all.

 

[Tha Realest]

I think he could without hesitation.

But I don’t think most of would like his answer.

Listen to his answers, and look at his actions.

Sequels for the foreseeable future. Original IP is mothballed.

MCU and Star Wars functionally paused until they figure things out.

D+ originals memory-holed.

“Quiet the noise” on the culture wars.

DVCs get built. Cruise ships get built. Attractions get paused.

Linear doesn’t have much of a future with the company. Leak after leak suggests they’re being actively shopped.

The future of Disney is increasingly a very streamlined media presence - built around ESPN/D+/Hulu with a theatrical window as it benefits the company and its productions - and a parks/experiences division that’s heavily focused on cruise ships and reintegrating existing IP into the parks.

 

[Serpico Jones]

“Iger has two choices: work with Peltz to restore the magic, or resign“ - Puck News‘ Wall Street analyst William Cohan

 

[MisterPenguin]

“Iger has two choices: work with Peltz to restore the magic, or resign“ - Puck News‘ Wall Street analyst William Cohan

A Peltz-run TWDC would have magic running in the negatives.

 

[SuddenStorm]

It’s pretty good…but it replaced pretty bad…so there’s that

They also have not touched it once since 2010…so that’s a continued issue and the face of bad park management

Are you referring to Cars Land when saying it hasn't been touched since 2010? They did swap the Flying Tires for Rollickin Roadsters a few years back.

 

[Sirwalterraleigh]

Are you referring to Cars Land when saying it hasn't been touched since 2010? They did swap the Flying Tires for Rollickin Roadsters a few years back.

Because the flying tires mechanical system failed…
They didn’t have a choice

 

[Kamikaze]

It’s pretty good…but it replaced pretty bad…so there’s that

They also have not touched it once since 2010…so that’s a continued issue and the face of bad park management

Besides the mentioned Flying Tires, there hasn't been a reason. Its extremely popular. Its not like they haven't done plenty of refurbs, etc.

 

[Vegas Disney Fan]

Besides the mentioned Flying Tires, there hasn't been a reason. Its extremely popular. Its not like they haven't done plenty of refurbs, etc.

With the other recent changes to DCA we should be thankful they haven’t touched it.

 

[Sirwalterraleigh]

Besides the mentioned Flying Tires, there hasn't been a reason. Its extremely popular. Its not like they haven't done plenty of refurbs, etc.

I like it…I’ve been a few times.

But what would be “good change”? An expansion…something their competitors are doing more and more.

I don’t get the idea “give ‘em more of what they want…” I’d bad business.
Cutting hours and maintenance…is bad business

But that’s what bad management does.

With the other recent changes to DCA we should be thankful they haven’t touched it.

See above

 

[Disney Analyst]

 

[Disney Analyst]

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