Disney Shocker: Bob Iger Returning as CEO | extends stay through 2026

[Optimus Prime]

In a stunning turn of events, The Walt Disney Co. says that Bob Chapek will step down as CEO, with Bob Iger returning to lead the company.

Disney’s board of directors announced the decision Sunday night.

“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” said Susan Arnold, chairman of the board, in a statement. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”

 

[Json]

Zaslav got them scared with the hierarchy of DC changing

 

[Lootpack]

Whoa…

The only thing I liked regarding Chapek was his approach to adding more adult-oriented programming to Disney+. His views towards animation however was a major buzzkill.

 

[humminbird]

HOLY SHYT

 

[Swiggy]

Good. Get these hoes back on track

 

[Avisible Man]

 

[humminbird]

Whoa

The only thing I liked regarding Chapek was his approach to adding more adult-oriented programming to Disney+. His views towards animation however was a major buzzkill.

yeah his end goal was combing D+ and Hulu
Iger at the time was against it
last see if he still feels the same way after Universal gets rid of their share

 

[Atsym Sknyfs]

Guess these phase 4 profits aint big enough

 

[Saysumthinfunnymike]

Guess these phase 4 profits aint big enough

Phase 4 was officially a dud and Pixar flopped too.

 

[humminbird]

crazy how Iger becomes CEO after another CEO got ousted by the board again
history repeating itself

 

[nieman]

Must've been a horrible past 2+ years. Board wasn't pleased at all. But, damn near everything flopped...even Toy Story

 

[Lootpack]

yeah his end goal was combing D+ and Hulu
Iger at the time was against it
last see if he still feels the same way after Universal gets rid of their share

That definitely would’ve been at least one of his few positives for sure. I’m more than happy with the news because the way Chapek treated Pixar during his time in was trifling.

All them budget cuts, shutting down the retail stores, what he did to the parks….time to get back on track.

 

[Wild self]

Phase 4 was officially a dud and Pixar flopped too.

This was a major reason for him returning. Pixar had too many underperforming films. Plus the MCU is with numerous legit duds.

 

[Silver Surfer]

Zaslav got them scared with the hierarchy of DC changing

Nope...Go Woke go Broke aint a game...stock price been going down and those woke movies ain't helping

 

[Ozymandeas]

Told that nikka scram you ruining my stock options