CEO of The Walt Disney Company Bob Chapek sent a memo to Cast Members after yesterday’s earning call congratulating and thanking them for a successful second quarter of 2022. The company made $19.2 billion in revenue, with $6.7 billion coming directly from Disney Parks. The memo addresses the six Academy Awards Disney won this year, … Read more
CEO of The Walt Disney Company Bob Chapek continues to make mistakes and disappoint fans, fueling speculation that he may be removed from his position. Business Insider spoke to ten insiders — including Disney executives, consultants, and board governance experts — about Chapek. “At the highest levels of Hollywood, [there’s] a consensus that Chapek is … Read more
Indiana University alumnus and CEO of The Walt Disney Company, Bob Chapek, spoke during the IU-Bloomington undergraduate commencement ceremony on May 7, 2022, and without surprise, we have another interesting quote from the controversial executive. During his speech, Chapek mistakenly called Walt Disney World “The Happiest Place on Earth”. Of course those reading this site … Read more
Indiana University alumnus and CEO of The Walt Disney Company, Bob Chapek, will speak during the IU-Bloomington undergraduate commencement ceremony on May 7, 2022. From the Indiana University press release: “Chapek assumed the role of CEO on Feb. 25, 2020, and has led the company through the COVID-19 pandemic and the ongoing recovery. Under his … 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 Monday, March 21, 2022. Walt Disney World Magic … Read more
In a letter to employees of the Walt Disney Company today, CEO Bob Chapek announced Disney would be pausing all political donations in the state of Florida. Chapek apologized to Cast Members for not taking a stand against the “Don’t Say Gay” bill in Florida earlier. “We are hard at work creating a new framework … Read more
Disney CEO Bob Chapek has sent another email to employees and Cast Members of The Walt Disney Company apologizing for not taking a stance against the “Don’t Say Gay” bill earlier. The letter was also shared on The Walt Disney Company website. Read the full email below. To my fellow colleagues, but especially our LGBTQ+ … Read more
The office of Governor Ron DeSantis has released a statement regarding Bob Chapek contacting them about the “Don’t Say Gay” bill. During today’s shareholders’ meeting, CEO Bob Chapek finally took a stand against the “Don’t Say Gay” bill, which recently passed the Florida senate. The bill would still need to be signed into law by … 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
Disney CEO Bob Chapek has sent out a company-wide email regarding the controversial “Don’t Say Gay” bill currently moving through the Florida government. Disney has donated to every sponsor of the bill and released a statement a few days ago that doesn’t denounce the bill or address the donations. Chapek states, “I and the entire … Read more
A Walt Disney Company insider tells The Hollywood Reporter that unlike his predecessor, Bob Iger, Chapek doesn’t wish for Disney to wade into political discussions. Last week, former CEO Bob Iger weighed in on a political debate in Florida regarding the “Don’t Say Gay” bill in a tweet. Twitter users pressured Iger to push this … Read more
Disney shareholders on Reddit are planning to vote against CEO Bob Chapek’s re-election at the March 9 annual shareholder meeting. Reddit user MightyIrish wrote in the thread “Unhappy with the Current State of Disney Parks?”, “If you are a Disney shareholder you likely received an email yesterday asking you to vote in the annual meeting. … Read more
CEO Bob Chapek has outlined his goals for the next century of The Walt Disney Company in a new memo to Cast Members. He pointed to three specific pillars: storytelling excellence, innovation, and relentless focus on the audience. Read Chapek’s memo below. Team, As we begin the New Year, I want to share our mission … Read more
The campaign to replace The Walt Disney Company’s CEO, Bob Chapek, has exploded in popularity. After being shared by former Disney Imagineers, the Change.org petition calling for his firing has reached 30,000 signatures. While the petition’s justifications aren’t completely clear, and not everyone agrees with most of the statement, it’s clear that there is resentment … Read more
As Bob Iger continues to wind down his tenure at The Walt Disney Company, the executive chairman recently had a word of caution for his fellow executives, according to The Hollywood Reporter‘s Kim Masters. Masters reports that at an annual retreat for Disney executives in July, Iger told his subordinates: “in a world and business … Read more
While we recently learned what merchandise will be available at Avengers Campus when it opens at Disney California Adventure on June 4th, Disney fans with a good memory may have noticed a peculiar resemblance an older product has to the controversial WEB Power Bands that will interact with the attraction opening alongside the new theme … Read more