Sad News: Hope this isn’t true?… TERRIBLE NEWS: Few Minutes ago Bob Iger the walt disney CEO has been confirm………
Sad News: Hope this isn’t true?… TERRIBLE NEWS: Few Minutes ago Bob Iger the walt disney CEO has been confirm………
The hottest roller coaster at Disney is, once again, the ride that ends with Bob Iger announcing his replacement.
Succession drama has engulfed Disney for the better part of a decade, but questions around who will fill the shoes of the entertainment giant’s mythical CEO have grown louder in recent weeks. In late August, Disney announced that board member James P. Gorman would lead the planning committee tasked with orchestrating the handoff of power between Iger and his heir. Gorman is executive chairman of Morgan Stanley and has experience as an architect of corporate dynasties.
Roughly two weeks after Gorman was tapped, The New York Times published an impressive account of the implosion of Bob Chapek, who was elevated to CEO in 2020 after Iger retired the first time, only to be ousted by the board less than two years later. The Chapek saga is a lesson in the dire consequences of botching the process — and an urgent reminder that Disney can’t afford to mess this up again.
