Fascinating account of the Chapek-Iger battle in today's NY Times

[GoingSince1990]

https://www.nytimes.com/2024/09/08/business/media/disney-bob-iger-chapek.html

Interesting and detailed account of the machinations of Chapek's installment and subsequent ousting, which does not seem to be paywalled.

 

[OKW Lover]

Unfortunately it's behind a paywall

 

[GoingSince1990]

Unfortunately it's behind a paywall

I opened it in an Incognito window (while not logged in) and was able to see the full article.

 

[OKW Lover]

I opened it in an Incognito window (while not logged in) and was able to see the full article.

I just did that. Very interesting read. I hope others find the time to read it.

 

[gottalovepluto]

I just did that. Very interesting read. I hope others find the time to read it.

Somewhat fills in a gap that had been left out of other accounts- what the heck the board was doing this time.

Thanks for highlighting it OP!

 

[rlk]

Really interesting article. I'm waiting for the mini series to run on Disney+.

 

[disneyfan123]

Wow...can't say I'm a fan of Chapek but after reading that, I'm far more sympathetic towards him. I also think far less of Iger; he comes across as petty, insecure and childish. The whole Disney leadership seems pretty bad, actually. Highly dysfunctional and lacking leaders who take accountability, and treat others with respect. Can no one take the high road on the board?

 

[Cfabar1]

fascinating read.... really enjoyed it...

 

[Frank4202]

Wow...can't say I'm a fan of Chapek but after reading that, I'm far more sympathetic towards him. I also think far less of Iger; he comes across as petty, insecure and childish. The whole Disney leadership seems pretty bad, actually. Highly dysfunctional and lacking leaders who take accountability, and treat others with respect. Can no one take the high road on the board?

If you've ever read Iger's book, you'll see he's all about himself.

I think it was in the first chapter he speaks about growing up poor. If his jeans got a rip in them, it would be a few weeks before his family could afford to buy him a new pair. He's forgot about his roots and only cares about himself, the board, and shareholders.

 

[Elijah Abrams]

Wow...can't say I'm a fan of Chapek but after reading that, I'm far more sympathetic towards him. I also think far less of Iger; he comes across as petty, insecure and childish. The whole Disney leadership seems pretty bad, actually. Highly dysfunctional and lacking leaders who take accountability, and treat others with respect. Can no one take the high road on the board?

If you've ever read Iger's book, you'll see he's all about himself.

I think it was in the first chapter he speaks about growing up poor. If his jeans got a rip in them, it would be a few weeks before his family could afford to buy him a new pair. He's forgot about his roots and only cares about himself, the board, and shareholders.

It REALLY IS time for him to leave Disney, and not in 2026, but ASAP.

 

[wabbott]

If you've ever read Iger's book, you'll see he's all about himself.

I think it was in the first chapter he speaks about growing up poor. If his jeans got a rip in them, it would be a few weeks before his family could afford to buy him a new pair. He's forgot about his roots and only cares about himself, the board, and shareholders.

He ain't doing too well for us shareholders. But he does pay himself quite handsomely.

 

[OKW Lover]

It REALLY IS time for him to leave Disney, and not in 2026, but ASAP.

But the issue still remains - who should replace him. Until the board finds the right person he needs to stay.

He ain't doing too well for us shareholders. But he does pay himself quite handsomely.

He doesn't set his compensation. The Board does that.

 

[Elijah Abrams]

But the issue still remains - who should replace him. Until the board finds the right person he needs to stay.

I definitely think Alan Bergman should replace Iger. He has been at Disney since 2001, meaning that he's more familiar with it, and has always been part of the film unit.

 

[wabbott]

He doesn't set his compensation. The Board does that.

Sure they do. And no one gets appointed to the board without Iger's approval. No one.

 

[OKW Lover]

Sure they do. And no one gets appointed to the board without Iger's approval. No one.

You mean those shareholder votes for board members do nothing?

 

[Sweettears]

Wow...can't say I'm a fan of Chapek but after reading that, I'm far more sympathetic towards him. I also think far less of Iger; he comes across as petty, insecure and childish. The whole Disney leadership seems pretty bad, actually. Highly dysfunctional and lacking leaders who take accountability, and treat others with respect. Can no one take the high road on the board?

Read Disney Wars and you’ll get some insight. Iger was a Epstein choice. no lack of ego there

 

[Sweettears]

Lots of BS and butt covering there in the article. Chapek was way over his head. Does Iger have an oversized ego? You bet. But name me a CEO of a major corporation that is different

 

[Cfabar1]

Sounds to me like Chapek fundamentally misread the situation.... and he made some decisions that, love or hate them, alienated him from a couple of key board officials...

 

[wabbott]

You mean those shareholder votes for board members do nothing?

Effectively, yes. Rarely is anyone elected to a board of directors that's not been "recommended." You saw how Nelson Peltz's efforts tuned out.

 

[wabbott]

Sounds to me like Chapek fundamentally misread the situation.... and he made some decisions that, love or hate them, alienated him from a couple of key board officials...

All of this is so similar to the Eisner/Ovitz calamity of the mid-90s.