Iger is back and Chapek is out...

[deedubb]

WOW! I thought this was a joke. Iger has said more than once that he was done. Great news, but don't expect the price increases to stop.

 

[AliceIn]

Good riddance to Chapek! He seemed intent on ruining the parks and resort experiences. I hope Mr. Iberia can turn it around.

 

[AnnaKristoff2013]

Huzzah.

 

[nikem3]

Considering the parks division has been easily, the most profitable, I wouldn’t hold my breath for any major reversions but perhaps he can stem the tide of some of more negative changes. Make no mistake that this is primarily in relation to the non-park segments of Disney, which they have been a lot of issues with under his control.

I wonder if there was some huge disagreement over the Global Dream purchase. It seems like a random sudden move. Unless its just stemming from the stock dropping lately.

 

[ziravan]

Wow.

 

[butterscotchcollins]

WOW. News just broke 5 minutes ago and already we’re all over this haha I love this community.

So much for going to sleep!!

 

[musicguy856]

Bye, Bob Paycheck!

 

[Curiousporpoise]

Wow! Didn’t they just renew Chapek’s contract in June?

 

[OnceUponATime15]

May bringing back Bob Iger signal a return to the magic Walt intended for his theme parks!

Let’s see how many of Chapek’s changes survive.. I know a few I’d like to see gone.

 

[0FF TO NEVERLAND]

While I don’t expect any of the things implemented to change, I am going he curbs the ruining of the parks more.

 

[Smugpugmug]

I'm not too optimistic that things will drastically change as Iger was equally responsible for the negative changes in the parks but I'll wait and see what happens. I do think this is a step in the right direction. Chapek needed to go.

 

[AnnaKristoff2013]

Chapek getting immediately fired on a Sunday night is pretty remarkable. Something must have happened.

 

[Tbiafore]

Dont let the door hit you on the way out, Bob Chapek. Hell YES! This is fantastic news! I can see the Disney Magic returning once again!

 

[nikem3]

I'm not too optimistic that things will drastically change as Iger was equally responsible for the negative changes in the parks but I'll wait and see what happens. I do think this is a step in the right direction. Chapek needed to go.

From a park perspective, I can't imagine much will change. He is only coming in for 2 years apparently and Parks are doing very well currently.

 

[lorileahb]

No doubt a business decision, but I'm hopeful for at least a little something magical.

 

[ShazzySteph]

Chapek getting immediately fired on a Sunday night is pretty remarkable. Something must have happened.

That's what I'm thinking, too.

 

[frannn]

Huh? After the petition to get rid of him and his obvious lack of popularity the board renewed his contract....only to have him step down now? Was it the last qtr's earnings that was the last straw? So many questions, but thrilled that he is gone. Feeling better about our AP renewals this month.

 

[cakebaker]

Chapek getting immediately fired on a Sunday night is pretty remarkable. Something must have happened.

It was done Friday, they just held off announcing it until this evening.

 

[Takket]

Ahhhhhhhhhhhhhahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!!!!!!!!!!!!!!!!!!! YIPPEE!!!!!!!!!!!!!

 

[Smugpugmug]

From a park perspective, I can't imagine much will change. He is only coming in for 2 years apparently and Parks are doing very well currently.

That's what I think too. I'm happy about the news too but I'm not expecting drastic changes. Iger was the one that helped create Genie+ before Chapek took over.