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Bob Iger Steps down at Disney

Posted on 2/25/20 at 3:23 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
61025 posts
Posted on 2/25/20 at 3:23 pm
quote:

Bob Iger will step down as Disney CEO and assume the role of executive chairman, Disney announced on Tuesday.

Bob Chapek, who most recently served as chairman of Disney parks, experiences and products, will assume the role of CEO, effective immediately, Disney announced.



LINK
This post was edited on 2/25/20 at 3:24 pm
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
42926 posts
Posted on 2/25/20 at 3:24 pm to
#himtoo ???
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 2/25/20 at 3:24 pm to
Oh shite
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58629 posts
Posted on 2/25/20 at 3:25 pm to
I hope Chapek isnt a Kathleen fan.
Posted by NYNolaguy1
Member since May 2011
21849 posts
Posted on 2/25/20 at 3:25 pm to
This is what happens when you run a successful franchise into ground.

Hopefully Kathleen follows.
This post was edited on 2/25/20 at 3:32 pm
Posted by Salmon
I helped draft the email
Member since Feb 2008
86731 posts
Posted on 2/25/20 at 3:26 pm to
quote:

"With the successful launch of Disney's direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO," Iger said in a statement.


sounds like he just wants to take on less of a role and begin transitioning to retirement
Posted by Boo Krewe
Member since Apr 2015
9810 posts
Posted on 2/25/20 at 3:27 pm to
he was most succsesful ceo. but chapek cares bout workers
Posted by saintsfan22
baton rouge
Member since May 2006
80912 posts
Posted on 2/25/20 at 3:29 pm to
quote:

This is what happens when you run a succesful franchise into ground.


Disney's been doing alright despite the cries of SW losers
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
18965 posts
Posted on 2/25/20 at 3:30 pm to
quote:


sounds like he just wants to take on less of a role and begin transitioning to retirement


With all due respect that's absolute bullshite.

Several of their parks are currently closed with Corona Virus and their exposure to this going forward is awful. They are mid roll out for Disney Plus with it launching in Europe and India next month. Iger still had nearly 2 years on his contract.
Posted by NYNolaguy1
Member since May 2011
21849 posts
Posted on 2/25/20 at 3:31 pm to
quote:

Disney's been doing alright despite the cries of SW losers


Every Star Wars movie Disney has out has had declining revenue.

How long can you afford a losing trend like that?
Posted by t00f
Not where you think I am
Member since Jul 2016
102370 posts
Posted on 2/25/20 at 3:32 pm to
SJW insertion agenda killed him.
Posted by BigB0882
Baton Rouge
Member since Nov 2014
5422 posts
Posted on 2/25/20 at 3:32 pm to
But what does any of that have to do with Iger? He has no control over a global health crisis or its timing. Disney has done extremely well recently, there is absolutely nothing on the business side of things that suggests Iger needed to bow out for reasons other than his own. Unless something happened behind the scenes or in his personal life...

Disney had the top 6 grossing movies of 2019 (Aladdin came in at #8) Disney made shite loads of money last year. Park attendance was also through the roof until the Coronavirus.
This post was edited on 2/25/20 at 3:37 pm
Posted by saintsfan22
baton rouge
Member since May 2006
80912 posts
Posted on 2/25/20 at 3:34 pm to
quote:

How long can you afford a losing trend like that?

Forever if whatever Marvel movie that comes out more than makes up the difference.
Posted by lsutigersFTW
Lafayette
Member since Jun 2008
8051 posts
Posted on 2/25/20 at 3:35 pm to
Bobby Iger: Mistakes Were Made

Only on Disney+
Posted by NYNolaguy1
Member since May 2011
21849 posts
Posted on 2/25/20 at 3:37 pm to
quote:

Forever if whatever Marvel movie that comes out more than makes up the difference.


Star Wars is dead in the water then .
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64692 posts
Posted on 2/25/20 at 3:41 pm to
quote:

sounds like he just wants to take on less of a role and begin transitioning to retirement



Or maybe hes looking to run for president.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139229 posts
Posted on 2/25/20 at 3:42 pm to
quote:

and begin transitioning
Posted by OweO
Plaquemine, La
Member since Sep 2009
122527 posts
Posted on 2/25/20 at 3:43 pm to
Everything Disney buys, they end up fricking up. Marvel. Star Wars, etc, etc,
Posted by BilJ
Member since Sep 2003
163112 posts
Posted on 2/25/20 at 3:57 pm to
quote:

Everything Disney buys, they end up fricking up. Marvel.


uhhh....what?
Posted by nerd guy
Grapevine
Member since Dec 2008
13847 posts
Posted on 2/25/20 at 3:58 pm to
LINK

quote:

CEO Bob Iger Confirms Diversity Agenda at Disney


quote:

Bob Iger Steps down at Disney


quote:

He then made it clear he plans to change that before he leaves the company saying, “I’ll change that before I leave.” Iger is expected to retire from Disney in 2021.


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