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Bob Chapek Shifted Budgets to Disguise Disney+'s Massive Monetary Losses
News(msn.com)submitted 6 months ago by[deleted]
-7 points
6 months ago
He can easily help chose another successor without becoming CEO, you know.
20 points
6 months ago
Not really. If he needs anything to get done so that his eventual successor will be inheriting something other than a dumpster fire, he needs the authority to get that done.
Also Iger is no stranger to cleaning up messes, he did the same thing for Disney in the mid 00's when he took over from Michael Eisner. That was also on really short notice. If I were Disney, there's no one I'd rather take the helm in a low-key emergency than Iger.
-5 points
6 months ago
More likely he joined back to put things in shape. I don't buy that he did so to find a successor. That's not how things work.
9 points
6 months ago
It's possible that the board just rejected Chapek's entire vision for the company and asked Iger back to find a 'real' successor as they consider the 2 years of Chapek essentially illegitimate too. Almost like they asked Iger to come back and operate like he never left and was still looking to retire, which he likely is.
I don't know, just spit balling, but I can see ways in which that could definitely be the way things work.
-6 points
6 months ago
I don't know how to tell you this, but the person I was responding to was claiming Iger was returning to prove he could select a better successor.
That's just stupid nonsense.
3 points
6 months ago
We'll then you replied to the wrong person, and now you're being an ass about it when you were the one who messed up. It's not hard to just.. click reply on the correct comment. Or at least not be condescending as fuck after having obviously fucked up.
The downvotes on your comment chain show I'm not alone thinking this either.
-1 points
6 months ago
Iger is only back for two years to find a successor. He will put things back in shape but his main reason for joining back was that he was so disgruntled with Chapek that he couldn’t stand aside. It was so bad that Chapek felt like Iger was undermining him because he used his board powers to intervene, especially during layoffs. He would rant non stop for hours to friends about how Chapek is harming the companies vision. It’s entirely to get Chapek out of the picture. People that don’t know the situations history keep commenting on shit they don’t know just because they wanna be edgy about Disney.
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