He was. Reading between the lines, he was tossed because of a coup by his exec teams. He had clearly tried to end prior CEO Bob Iger's 'all woke, all the time' policies. He fired a couple of super woke execs and the rest of the woke execs didn't like it. He also hesitated to kiss gay butts over the Florida stuff and wanted to stay out of politics which the woke staff HATES. The stock was down because Disney+ is a train wreck, the parks lost a tone due to COVID, and the super woke movies are all under performing. Most of this was all put into motion by the prior CEO who retired when he saw that COVID was going to wreck the company's profits. But between that and the exec staff conducting a covert palace coup his goose was cooked.
What's ironic is that the guy who is taking over now is the guy who handed him that excrement sandwich to run in the first place.
So the Schadenfreude will continue.
That’s my interpretation.
One year in a corporation is hardly enough to turn around projects already greenlighted.
He may be the scapegoat to rid them of an obstacle to their perversions.
Hold your hats before buying Disney stocks.
Corporate politics is important, maybe Bob Iger can be woke but he's willing to fire woke staff if they are costing Disney money.
You should be teaching an MBA class with that summary at post 5!