coffeefan
Active Member
Did people really go to Universal though? I thought attendance was down for Universal in Florida too. Makes one wonder if other factors are affecting tourism in Florida specifically.
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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
Tom P.
Well-Known Member
In fairness, it also often seems like only MK exists to the general public as well. I know many people who think Disney World is the Magic Kingdom.
JoeCamel
Well-Known Member
The airport would beg to differ on the tourism slump
per google AI
- 2023
MCO welcomed over 57.7 million passengers, a 15.1% increase from 2022. This included 57,735,726 domestic passengers and 7,024,086 international passengers.
- March 2024
During Spring Break, MCO set a new passenger record with over 204,000 passengers traveling to and from the airport in a single day. This included 102,064 departing passengers.
- 2010–2023
Passenger numbers at MCO have increased over the years, from 34,877,897 in 2010 to 57,735,726 in 2023.
It can be confusing to some. When we were at MGM back in the day a fellow guest asked where was the Jaws ride.
MouseEarsMom33
Well-Known Member
Iger might still be around for Villains land.November 2022 - Bob Iger returns as CEO, promises to find new CEO before end of 2 year contract
Early 2023 - Alleged group formed to look into CEO succession planning
July 2023 - Bob Iger's 2-year contract extended another 2 years, to the end of 2026
Late 2024 - Alleged CEO succession group announces next CEO will be announced in early 2026
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Early 2026 - Alleged CEO succession group announces it needs more time to find "the right candidate" and extends Bob Iger another 2 years.
JoeCamel
Well-Known Member
Charter member?
Vegas Disney Fan
Well-Known Member
What a train wreck, obviously with a company the size of Disney there’s not a huge pool of people with experience to choose from but Iger started as a weatherman and gradually worked his way all the way to the top, the epitome of the American Dream… it’s a great success story but he doesn’t have some insane business experience that no other human has, name his replacement already and start the transition.
Iger is in good shape but he’s not getting any younger, if it takes decades to replace him what will they do if he ever experiences a health issue?
Iger is in good shape but he’s not getting any younger, if it takes decades to replace him what will they do if he ever experiences a health issue?
Eric Graham
Well-Known Member
There's this article which gives great introspective about the intricacies of Disney. I'm just a nobody but was just wondering what y'alls perspective on this article was? To be honest, I've always found the backstory D'Amaro very appealing. He was there that one time that we happened to be at the opening day of Mickey and Minnie. He was standing a little away from us. Very exciting! I was also at an airport one time when John Lewis was walking through the airport. It was such a great honor that he shook my hand. What a huge deal for me! What an incredible person that he was. Alas, on yet another tangent. Have a great night! Here is the article:
BrianLo
Well-Known Member
Briefly it was appearing like they had…
But current trends actually have those guests largely shifting to cruises, instead. Though certainly Universal is making moves.
BrianLo
Well-Known Member
What would it achieve?
There has been about a zero percent chance there would ever be an early termination of Iger. It would only lead to a longer transition. I don’t know what the ideal transition time is. It’s certainly not none and 24 months seems a bit long in the tooth. But if the internal candidates were acceptable I’d anticipate them committing to a final decision in six rather than 15.
What Wall Street wants is the committed timeline and the reassurance about post Iger. This finally gives us that timeline. Sort of it’s not worth speculating about this financial year.
Founding member. It was supposed to be “the Other Bob” but Iger won’t have it.
BrianLo
Well-Known Member
Realistically more Oct 1, 2026. The financial year will still have been pretty set in motion.
But very much the moderate and longer term will have coalesced around and by D23. That conference will have the full backing of that CEO by then. I suspect Spring 2026 is going to be another wild ride for rumour fallout as a lot of things are being jostled for attention and sign off.
When push comes to shove TWDC will react accordingly to move forward.
LSLS
Well-Known Member
True (though I can't remember if he said that before they dropped attendance), but I'll again point out, I don't think that was really too large a concern, more of an excuse. Satisfaction didn't have to do with if the walkways or the parking lot were crowded, it had to do with getting on rides, and wait times now are longer than they were in 2019 (despite the significantly lower attendance).
UNCgolf
Well-Known Member
I'm no big fan of Iger, and I'll be glad to see him replaced -- but as @ToTBellHop alluded above, people shouldn't just assume a new CEO is going to be an improvement. He/she could be much worse.
It would not be at all surprising for a new CEO to come in, look at the parks, and think they could slash spending there to increase profits and boost the stock. Reduce staffing, reduce operational/maintenance budgets, reduce food quality/portion sizes, stop capital spending, and so on.
It would not be at all surprising for a new CEO to come in, look at the parks, and think they could slash spending there to increase profits and boost the stock. Reduce staffing, reduce operational/maintenance budgets, reduce food quality/portion sizes, stop capital spending, and so on.
I don’t know how much more they can slash.
Are they not already flirting with the breaking point of most people?
UNCgolf
Well-Known Member
Who knows? They can certainly push the line further.
Plus, eliminating the planned capital spending (i.e. stopping the future park updates/expansions that have been mentioned) would be easy without affecting the existing park experience.
Josh came out on stage and basically said that everything they showed at D23 was happening.
If they slash these projects then why should anyone care about anything Disney has to say anymore?
"I'm no big fan of Eisner, and I'll be glad to see him replaced -- but as @ToTBellHop alluded above, people shouldn't just assume a new CEO is going to be an improvement. He/she could be much worse.
It would not be at all surprising for a new CEO to come in, look at the parks, and think they could slash spending there to increase profits and boost the stock. Reduce staffing, reduce operational/maintenance budgets, reduce food quality/portion sizes, stop capital spending, and so on."
Your (amended) statement is basically what some people said/warned about in 2005.
*checks signature* Yep, I think I was one of those people.
Because Josh and Bob believe they have an unending supply of guests who believe anything they say, are blind to those pesky changes to things they announce, and are ready, willing, and able to fork over thousands and thousands of dollars for a "once-in-a-lifetime" WDW vacation for little Johnny and Susie.