Disney Not The Happiest Place On Earth For CEOs: Iger, Chapek Battle Over A Shower
Portfolio Pulse from Chris Katje
A report has detailed a rift between Bob Iger and former Disney CEO Bob Chapek, including a disagreement over office space. Iger, who returned to the CEO role in November 2022, has admitted that picking Chapek as his successor was a mistake. Under Iger's leadership, Disney saw strong stock performance and completed acquisitions of Marvel, Pixar, and Lucasfilm. However, Chapek's tenure was marked by disappointing returns and controversies. With Chapek out of the picture, Iger is now in full control of the company. Disney shares have hit 10-year lows and there are speculations about potential sell-offs of non-core business segments or a possible acquisition by a larger company like Apple.

September 08, 2023 | 8:40 pm
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Disney's shares have hit 10-year lows under the leadership of former CEO Bob Chapek. With Bob Iger back in control, there are speculations about potential sell-offs of non-core business segments or a possible acquisition by a larger company like Apple.
The news highlights the internal conflicts at Disney and the negative impact of former CEO Bob Chapek's leadership on the company's stock performance. With Bob Iger back in control, there are speculations about potential strategic changes, including sell-offs of non-core business segments or a possible acquisition by a larger company like Apple. These uncertainties could negatively impact the company's stock price in the short term.
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