Report: Disney CFO Christine McCarthy, Other Executives Led Rebellion Against Bob Chapek
At least two different reports name Disney CFO Christine McCarthy as one of the senior executives who led a rebellion against the now-fired former Disney CEO Bob Chapek. According to the Financial Times, the campaign to overthrow Chapek began in the summer, with multiple executives approaching the Disney Board of Directors with complaints about Chapek’s […]
Disney CEO Bob Iger Will Receive Base Pay Salary of $1 Million, Confirmation Bob Chapek Was Fired By The Walt Disney Company
A new filing with the SEC outlines the details of Bob Iger’s return to The Walt Disney Company as CEO – including details of his compensation. Here’s the latest from the 8-K SEC filing: On November 20, 2022, The Walt Disney Company (the “Company”) appointed Robert A. Iger as Chief Executive Officer for a term […]
Disney World Guests Don’t Flinch at New All-Time High Prices for Individual Lightning Lane as Thanksgiving Week Begins
Report: Chapek Leaves With Exit Package Likely Worth More Than $20 Million
The dust is having a hard time settling after now-Disney CEO Bob Iger sent an email last night announcing his return to The Walt Disney Company. With news that the move to bring back Iger was completed in just days, there are a lot of unanswered questions remaining about the immediate and long-term plans for […]
Report: Disney Board Reached Out to Iger on Friday, Chapek Notified Of Departure Moments Before Official Announcement
According to a report from CNBC, the deal to bring back Bob Iger as Disney CEO all unfolded this weekend. CNBC’s David Faber cited company sources, saying that the Board of Directors reached out to Iger on late Friday and ironed out the details over the weekend. According to Faber, former Disney CEO Bob Chapek […]
Disney Stock Jumps (Then Plateaus) on News of Bob Iger’s Return as CEO
After tumbling following a poor fourth-quarter report, the stock price for The Walt Disney Company jumped this morning as investors woke up to the news that former Disney CEO Bob Iger is back at the helm and Bob Chapek is out. In pre-market trading, the stock jumped 10% (over $101 per share), but in the […]
Mickey’s Once Upon a Christmastime Parade Will Replace Festival of Fantasy During Christmas Week
As has been the case in years past, Mickey’s Once Upon a Christmastime Parade will be performed during normal park operating hours throughout Christmas week. Mickey’s Once Upon a Christmastime Parade will replace the Festival of Fantasy Parade from December 23rd through December 31st. Here are the showtimes for Mickey’s Once Upon a Christmastime Parade: […]
Disney Genie+ Price Climbs to New High of $29 at Disney World
BREAKING: Bob Iger Returning As Disney CEO, Bob Chapek Fired
The Walt Disney Company (NYSE: DIS) announced today that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Mr. Iger, who spent more than four decades at the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from the […]