After Disney had its worst financial year in more than 20 years, the company fired CEO Bob Chapek and said that former CEO Bob Iger would take over.
In a statement, the chair of Disney’s board said, “The Board has decided that Bob Iger is the best person to lead the Company through this critical time as Disney enters a more complex time of industry change.”
“The Walt Disney Company Attempts To Solve Its Problems By Rehiring The Architect Of Those Problems, Ultra-Leftist Bob Iger Returns As CEO, Bob Chapek Is Out,” tweeted Jack Posobiec on Monday morning.
Iger bought Pixar, Marvel, Lucasfilm and its “Star Wars” properties, and 21st Century Fox over the course of 15 years. When the news came out Sunday night, shares of Disney went up by 10%.
Since Iger himself chose Chapek for the job in February 2020, he has made a number of controversial decisions that have upset everyone. For example, he has been against Florida’s anti-grooming law, which says that teachers can’t teach K–3 students gender ideology. During his short time at the company, it lost one-third of its value.
Chapek’s comments about the bill led DeSantis to decide to take away the company’s special right to govern itself. This will happen in June 2023.
VISIT OUR YOUTUBE CHANNELChapek doubled down on his opposition, even though Governor DeSantis and most Floridians were against it. He also announced a series of large donations to a number of “woke” causes. Then, it looked like he was trying to fix the damage by getting rid of his CEO, who was against the Parental Rights bill.
Some people see Chapek’s firing as a huge blow to woke leadership, but others worry that Iger, who at the time said he didn’t like DeSantis’ law against grooming, will do more of the same.
It’s still not clear what the company will do now that Iger is in charge again.
