There were two farewells this past Sunday evening, Elton John’s Farewell Tour was live-streamed from Dodgers Stadium on Disney+ and The Walt Disney Company said goodbye to CEO Bob Chapek and hello … again … to Bob Iger. Today, as the markets opened up, Disney stock [$DIS] soared as investors and fans alike cheered Iger’s … Read more
Yesterday, The Walt Disney Company reported on their Q4 earnings [$DIS], and although they “reported record sales and its best revenue growth in more than 25 years,” that wasn’t enough to keep Wall Street and investors happy. The stock has slid more than 11% on today’s opening bell. To date, Disney stock is down 35.5% … Read more
Last week, the board of directors for The Walt Disney Company voted unanimously to extend CEO Bob Chapek’s contract three more years, despite public dislike for the CEO. The SEC filing now makes the details of the contract extension public. Chapek’s contract will now expire on July 1, 2025. His base salary of $2.5 million … Read more
As rumored a few days ago, the board of The Walt Disney Company has voted to extend CEO Bob Chapek’s contract another three years. The vote, which took place at the board’s annual retreat in Florida, was unanimous. Chapek is also a member of the board. With just nine months left on Chapek’s contract, many … Read more
At the (virtual) annual shareholders meeting today, Chief Executive Officer Bob Chapek (and the 10 other officers) was re-elected to the Board of Directors. Despite a grassroots campaign to oust him from the Board, Chapek was preliminarily re-elected to the position today. Final voting results will be available within four business days but the early … Read more