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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
Tha Realest
Well-Known Member
I hope this is just a bit of what will eventually form the sequel to Disney War.
This would make a great collectible card game.
"I play Whisper Campaign. You lose 3 confidence points."
"I play Restructure, which causes all the Board and Division Heads cards already played on the table to be shuffled and replayed in random."
So that’s how the Disney sausage is made…I guess they spent a lot of time researching this thread.
When the establishment media make Iger the bad guy and Chapek sympathetic, it’s over.
No amount of PR spin can hide a company in complete stagnation. It looks like the knives are out for Iger…from within.
New CEO announcement imminent.
When the establishment media make Iger the bad guy and Chapek sympathetic, it’s over.
No amount of PR spin can hide a company in complete stagnation. It looks like the knives are out for Iger…from within.
New CEO announcement imminent.
Br0ckford
Well-Known Member
"But Mr. Chapek told him that his children and grandchildren were a “Disney family” and he couldn’t bring himself to file a lawsuit that might hurt the company, Mr. Freedman said."
Pretty sure it was his D+ subscription
"Mr. Chapek’s wife told him he was little more than Mr. Iger’s “lap dog.”"
Ouch!!
Pretty sure it was his D+ subscription
"Mr. Chapek’s wife told him he was little more than Mr. Iger’s “lap dog.”"
Ouch!!
Serpico Jones
Well-Known Member
Seems like the board didn’t really want Iger back and are looking forward to him leaving. It also seems like he won’t be allowed carte blanche to pick his successor.
DisneyHead123
Well-Known Member
Makes me feel bad for all involved. It’s easy to rant about Disney as a powerful abstraction and forget these are real people. Seems like people were feeling hurt and stepped on all around and it was just one of those situations where a multitude of factors collided and the result was a bit of a mess.
I’m assuming Josh is the likely successor now, and guessing the “apprenticeship” period for him will be much more involved. My guess is that - cultivating the next CEO with more training - will be Iger’s takeaway from what happened with Chapek.
Sirwalterraleigh
Premium Member
Vegas Disney Fan
Well-Known Member
I think this about most people we place on pedestals, I think most “important” people (politicians, executives, etc) are bumbling and stumbling through life just like the rest of us, they’re just better at hiding their inadequacies and better at shifting blame for their mistakes.
I’ve worked for several multi billion dollar companies and in my experience the people running them are just average Joes (intellectually) who have worked their way to the top through time more than some special knowledge.
DisneyHead123
Well-Known Member
Yeah I mean at the end of the day we’re all just humans, right? Easy to see others as living a sort of superpower-ed existence but people are people.
Nland316
Well-Known Member
At the end of the day all of those involved are making 10’s of millions of dollars a year. I don’t feel bad one bit lol
Some are only making $39M a year. So, pour one out for them.
MickeyCookies
Active Member
When I saw this article, I had a hunch Zenia was behind it or in it somehow. It's NYT after all and she was Iger's protector for years. Then I saw her headshot in it. Very interesting stuff...
Dana was barely mentioned.
Dana is the leading contender.
Dana is very chummy with establishment media.
Dana doesn’t want to be Chapeked.
Shots fired.
Nubs70
Well-Known Member
First, I find it interesting that, by design, Chapek was serving 2 masters at the same time.
This is NEVER a recipe for success. Chapek was screwed before he took the job.
Second, Chapek's name was not trial ballooned prior to the announcement. That is in direct contrast with the Staggs succession evaluation and the current succession activities.
Finally, how the Chapek succession was so abrupt. Bob Iger has at his disposal one of the world's largest intelligence gathering organizations, that is ABC News. He knew real time the implications of Covid in China and the impact governmental policies would have on $DIS. This only reinforces my opinion that Iger pulled the pin, popped the spoon, and handed Chapek a live hand grenade.
This is NEVER a recipe for success. Chapek was screwed before he took the job.
Second, Chapek's name was not trial ballooned prior to the announcement. That is in direct contrast with the Staggs succession evaluation and the current succession activities.
Finally, how the Chapek succession was so abrupt. Bob Iger has at his disposal one of the world's largest intelligence gathering organizations, that is ABC News. He knew real time the implications of Covid in China and the impact governmental policies would have on $DIS. This only reinforces my opinion that Iger pulled the pin, popped the spoon, and handed Chapek a live hand grenade.
flynnibus
Premium Member
And why the Board is ultimately the party responsible for going along with it, contributing to it, and floundering through it all. They had a power guy in Iger who they deferred to, and then couldn't function in anyway counter to him.
They let this 'no win' situation start, and when things started getting hairy, they couldn't fix it and eventually started picking sides and contributing to the undermining.
The whole board should be flushed... that was the saddest part of the read for me, is that somehow Peltz actually read as somewhat sane in that piece because of seeking change in the board.. of course the rest of his platform was BS... but in the list of characters in that story he actually comes out clean. Insane...
MickeyCookies
Active Member
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Brian
Well-Known Member
FTFY.
And Chapek was portrayed as the sympathetic chump or victim.