You’ve probably noticed something about the surrounding area if you’ve left the Walt Disney World bubble in Orlando. It is in a perpetual state of construction. There are new shops, restaurants, hotels, and apartments/condos. And that doesn’t include the seemingly never-ending highway construction. Just stay away from I-4. At the Walt Disney Company’s earnings meeting this week, Disney CEO Bob ...
Read More »Tag Archives: CEO Bob Iger
After Earnings Call and Beating DeSantis, Wall Street Heaps Praise on Iger
It’s been a busy couple of weeks for Walt Disney Company CEO Bob Iger. He has slashed thousands of jobs in television and got rid of the entire meta division at Disney just before the earnings call with Disney investors. He got rid of several people loyal to former Disney CEO Bob Chapek and those who caused him headaches. He ...
Read More »As Layoffs Begin, A Disney Park Posts Record Revenues
The bloodletting has begun. In February, Disney CEO Bob Iger promised shareholders that there would be 7,000 layoffs coming to the Walt Disney Company. And just this week, Iger began delivering on his promise. The layoffs started by getting rid of some of the remainder ideas of former CEO Bob Chapek, including laying off the entire metaverse division. Most layoffs ...
Read More »China Market is Softening on Iger and Disney
When Bob Iger returned as CEO, it was widely believed that his return would warm the relationship between Disney and China that had soured under his predecessor, former CEO Bob Chapek. A mere two days after Iger’s return, Disney’s Avatar: The Way of Water (2023) received permission from the Chinese government to be released in the Communist nation. Avatar even received ...
Read More »Disney in Court Over Response to Florida’s ‘Don’t Say Gay’ Law
Disney can’t seem to catch a break. Every move they make lately appears to be the wrong one, particularly those moves which led to the Mouse House losing control over the Reedy Creek Improvement District in a fight with Florida Governor Ron DeSantis and the Florida Legislature over Disney’s response to Florida’s Parental Rights in Education Act. While critics of the ...
Read More »Disney Acknowledges “Labor Disputes” In Message to Shareholders
The Walt Disney Company has just sent the 2023 Proxy Statement to Disney shareholders, and there have already been many takeaways from the document (including a controversial proposal and a surprising reveal about Walt Disney Company CEO Bob Iger and his expensive fixation on personal security). In the 2023 Notice of Annual Meeting of Shareholders and Proxy Statement that was ...
Read More »Disney CEO Spends $830,000 on Personal Security Despite Company’s Financial Struggles
The Walt Disney Company has been experiencing a lot of ups and downs lately, so Disney stockholders are keeping a close eye on their investment — especially since plenty of Disney shareholders are also passionate Walt Disney World Resort or Disneyland Resort enthusiasts who visit the Disney Parks often and pay attention to the theme parks’ goings-on. The Walt Disney ...
Read More »Bob Iger Promotes Cast Members’ “Greatest Champion”, Promising Better Treatment
Central Florida residents, Walt Disney Company stockholders, and Disney Fanatics are already familiar with the as-yet unsuccessful wage negotiations between the Walt Disney World Resort Cast Members’ union and their employer. Many Cast Members have shared their struggles with poverty on social media — and in protests — making it clear that they are struggling to afford basic necessities like ...
Read More »Iger Continues In-House Shakeup With Major Staff Change
Walt Disney Company CEO Bob Iger is apparently not done with his ‘renovations’ inside the company! According to Deadline, Human Resources executive Sonia Coleman is being promoted to Senior EVP and Chief Human Resources Officer and her predecessor Paul Richardson “is leaving the company after more than 15 years” (whether or not Richardson’s exit was a layoff is unclear). Sonia Coleman ...
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