Current CEO of The Walt Disney Company Bob Iger said at the New York Times’ DealBook Summit on Wednesday that he was “disappointed” in what he was seeing with the company during Bob Chapek’s tenure as CEO. Bob Iger ‘Disappointed’ During Chapek’s Time as Disney CEO “I was disappointed in what I was seeing in … Read more
Among the sometimes bizarre anecdotes shared by CNBC in their report about Bob Chapek’s time as CEO of The Walt Disney Company, and Bob Iger’s subsequent return, is a story about Chapek’s attempts to “humanize” himself by petting a hippo. Bob Chapek & the Hippopotamus CNBC’s sources recounted the 2022 Disney management retreat just a … Read more
As reported by Deadline, the third planned wave of layoffs at The Walt Disney Company has begun today, and will impact roughly 2,500 people, after initially only estimated to affect 700. No frontline cast members in the parks are intended to be a part of it. Rising from the earlier information, the cuts are estimated … Read more
It seems CEO of The Walt Disney Company Bob Iger agrees somewhat with his predecessor, Bob Chapek, on one thing: sports betting. During today’s Morgan Stanley Technology, Media and Telecom Conference, Iger spoke about betting, stating that he thinks it is the future of the sports business, although he’s more reluctant to dive into it. … Read more
Bob Chapek, former CEO of The Walt Disney Company, complained to Florida Governor Ron DeSantis about having to get involved in the controversy surrounding the Parental Rights in Education bill, a.k.a. the “Don’t Say Gay” bill. DeSantis wrote about Chapek calling him in his new memoir “The Courage to be Free: Florida’s Blueprint for American … Read more
Disney is planning a targeted hiring freeze and job cuts, CNBC reports. CNBC obtained an internal memo sent from The Walt Disney Company CEO Bob Chapek to executives on Friday, November 11. “Hiring for the small subset of the most critical, business-driving positions will continue,” Chapek wrote, “but all other roles are on hold. Your … Read more
The Walt Disney Company CEO Bob Chapek will participate in a question-and-answer session at the Goldman Sachs 2022 Communacopia + Technology Conference later this month. His Q&A will be on Wednesday, September 14, 2022 at 5:00 p.m. ET / 2:00 p.m. PT. The session will be streamed live on The Walt Disney Company website and … Read more
According to a report from Business Insider, the transition to Bob Chapek as CEO of The Walt Disney Company did not go as former CEO Bob Iger had planned. Iger had intended to spend his last year as CEO of Disney on a global goodbye tour, but this was canceled due to COVID-19. Iger had … 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
According to Deadline, Bob Iger, the former CEO of Disney, plans to write another book about his 15 year history as the company’s chief. This book will focus on what it’s like to face crisis and disruption as a leader. Iger released his first book, “The Ride of a Lifetime: Lessons Learned from 15 Years … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, June 28, 2022. Walt Disney World Magic … 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
Disney’s Board of Directors is meeting in Florida for their annual retreat, where they will be discussing serious matters involving the company, according to Los Angeles Times. Disney’s CEO, Bob Chapek, is a member of this board, and it’s rumored that Chapek’s contract may be one of the talking points for this meeting. From saving … Read more
Fortune suggests that Bob Chapek’s tough leadership style is worrying insiders. Despite a steady increase in profits and investment in streaming services (which kept up profits during the pandemic), Bob Chapek is highly scrutinized for seemingly forgetting what the Disney brand stands for: not just profits, but quality as well. Many guests have felt that … Read more
According to The New York Times, Disney CEO Bob Chapek fired both Peter Rice and Geoff Morrell, whose breaks with the company were both officially framed as “departures.” Geoff Morrell exited The Walt Disney Company in April, less than four months after taking over as chief communications officer. We learned earlier today that Disney General Entertainment Chairman … Read more
In an official statement, The Walt Disney Company’s board backed CEO Bob Chapek and his leadership. Susan E. Arnold, chairwoman of the board, said in the statement to the New York Times, “The strength of the Walt Disney Company’s businesses coming out of the pandemic is a testament to Bob’s leadership and vision for the … Read more