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Disney taps ex-CEO Bob Iger to return, set strategy
APNews ^ | 11/21/2022

Posted on 11/21/2022 4:21:04 AM PST by devane617

The Walt Disney Company has tapped its former CEO Bob Iger to return to head the company for two years, firing his successor Bob Chapek in a move that stunned the entertainment industry.

Chapek is leaving after the company posted lower than expected earnings in the last quarter. Hollywood’s creative community had grumbled about Chapek’s cost-cutting measures and sometimes blunt approach to talent, while theme park regulars had been unhappy with price hikes.

So, it’s back to Iger.

“The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the company through this pivotal period,” Susan Arnold, Disney’s chairman, said in a statement.

Arnold thanked Chapek for leading the company through the pandemic, while enthusing over Iger’s stature within the company, which he led for 15 years before his ouster in early 2020.

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: andagain; bobiger; disney; woke
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Woke to broke...Bring ack the old CEO,,,
1 posted on 11/21/2022 4:21:04 AM PST by devane617
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To: devane617

Meet the new boss, same as the old boss. Literally.


2 posted on 11/21/2022 4:24:10 AM PST by DAC21
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To: DAC21

Iger was smarter and knew how to get things done.


3 posted on 11/21/2022 4:24:59 AM PST by devane617 (Discipline Is Reliable, Motivation Is Fleeting..)
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To: devane617

.....”Woke to broke”......cute.


4 posted on 11/21/2022 4:25:08 AM PST by Liz (Vox Populi, Vox Dei (the voice of the people is the voice of God))
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To: devane617
It will be interesting to see if Iger guts those departments that pushed Wokeness within Disney.

If he doesn't get to the root of the problem, it will grow back as soon as he leaves (or sooner).

5 posted on 11/21/2022 4:27:12 AM PST by RoosterRedux
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To: RoosterRedux

“...interesting to see if Iger guts those departments that pushed Wokeness...”

Most Disney types want the wokeness gone—it is destroying the company with the customer base and they know it. Iger will quietly delete the woke crap. Watch and see.


6 posted on 11/21/2022 4:29:09 AM PST by devane617 (Discipline Is Reliable, Motivation Is Fleeting..)
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To: devane617
Disney's problem isn't about getting things done. It's about "what" is getting done.

The LGBTQ and Woke crowd have destroyed the Disney legacy. We'll see if Iger (a guy who reputedly has never made any enemies**) has the gumption to clean house.

______________

** David Geffen: "I have never heard one person say a bad thing about him and I have never seen him be mean".

7 posted on 11/21/2022 4:34:13 AM PST by RoosterRedux
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To: devane617

Is Iger any less woke? I ask out of ignorance. I really don’t know. I do know that we can immediately know. There needs to be mass firings of the woke leftists at Disney if they every want to improve their bottom line.


8 posted on 11/21/2022 4:35:05 AM PST by ConservativeInPA ( Scratch a leftist and you'll find a fascist )
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To: devane617
There may not be many of the original Disney "types" left at Disney. Wokeism often enters through HR departments and then spreads to legal and elsewhere, replacing old managers with new Wokesters as soon as they have the power.

Given Disney's large creative side, the invading Wokesters may have found fertile ground for their insidious ideology.

9 posted on 11/21/2022 4:38:57 AM PST by RoosterRedux
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To: devane617

“...over Iger’s stature within the company, which he led for 15 years before his ouster in early 2020.”

So...Disney was wrong about being wrong with Iger before. And now they’re choosing to be wrong again?


10 posted on 11/21/2022 4:39:28 AM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: ConservativeInPA

“Is Iger any less woke?”

Iger knows wokeness has no place at Disney. He knows the customer and the 1% CROWD IS NOT WHO HE IS WORKING FOR.


11 posted on 11/21/2022 4:39:39 AM PST by devane617 (Discipline Is Reliable, Motivation Is Fleeting..)
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To: devane617

Chapek is leaving after the company posted lower than expected earnings in the last quarter. Hollywood’s creative community had grumbled about Chapek’s cost-cutting measures and sometimes blunt approach to talent, while theme park regulars had been unhappy with price hikes.

+++++++++++++++++++++

Yup. Cost cutting measures is the problem.... Isn’t there a phrase about how a blind man can’t see? I hope Disney DIES.


12 posted on 11/21/2022 4:40:19 AM PST by mund1011 (We can ignore reality, but we cannot ignore the consequences of ignoring reality)
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To: RoosterRedux

Mouse cancelled.

Replaced by a rat.


13 posted on 11/21/2022 4:42:21 AM PST by Surrounded_too
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To: devane617
Disney has backed themselves into a corner from which there is no escape.

The brand is irreparably broken. My family did not spend $20,000 last year on a cruise because of it. Woke, queer, quarantine, vax. A drop in their bucket, I know - but multiple times a bunch of families...

And the thing is, they don't even think of reversing the damage - they're full speed ahead perversion.

14 posted on 11/21/2022 4:44:24 AM PST by grobdriver (The CDC can KMA!)
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To: RoosterRedux

Not sure that’s a good thing. Being a good leader means that you’re not afraid of being considered a SOB sometimes.

CC


15 posted on 11/21/2022 4:44:31 AM PST by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: RoosterRedux

People like me, who heard those creepy groomer executives boldly bragging about “…queering everything up…” on a recorded Zoom call must be fired and not sent to a get their minds right seminar. YOU CANNOT change someone’s sexual proclivities.

I’m not sure Iger has the moxie to fix all that ails Disney. Quite frankly, it might just take DeSantis’ help. Then again you have Disneyland and governor nephew and the cesspool known as Orange County, Hell all of California has become a cesspool.


16 posted on 11/21/2022 4:45:45 AM PST by bigfootbob (Arm Up and Carry On!)
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To: Celtic Conservative

Agreed. An SOB is certainly what Disney needs right now given that the first order of business is to clean out the rot.


17 posted on 11/21/2022 4:47:42 AM PST by RoosterRedux
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To: devane617

“Iger will quietly delete the woke crap. Watch and see.”

Call me skeptical. Corporate Wokeness is here to stay, and it likely will get worse.


18 posted on 11/21/2022 4:53:29 AM PST by BlueStateRightist (Government is best which governs least.)
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To: devane617

I’m curious, what are you basing your assumptions on? Do you have inside personal knowledge, are you an employee, or a Disney apologist? You seem pretty sure that Iger can get Disney back on track.

Doesn’t Iger own some of this problem too? It appears the degree of rot is so deep that it seems like it had to have started under his tutelage. I certainly despise what Disney has chosen to become.🐭


19 posted on 11/21/2022 4:55:36 AM PST by bigfootbob (Arm Up and Carry On!)
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To: devane617

If you want to bring Disney back, you need to 1) Fire the people who appeared in that Zoom conference admitting to deliberately inserting LGBTQP in films and television made for families and 2) Replace Kathleen Kennedy with Jon Favreau.


20 posted on 11/21/2022 4:58:42 AM PST by Houmatt (Welcome to the USSA.)
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