In early 2020, Disney CEO Bob Iger shocked and saddened Disney fans worldwide when he publicly announced that he would be stepping down from his CEO, effective immediately. Iger said that he would be stepping into the role of Executive Chairman and Bob Chapek would become CEO — with the two men working together for a smooth transition. Unfortunately, that smooth transition never happened, and the two men reportedly had a falling out and now barely speak. Iger has maintained his popularity with Disney fans — many of whom beg him to come back — while Chapek has struggled to find his footing, with petitions even circulating calling for his termination.
Now, in a bombshell new report from Business Insider, we are learning just how tumultuous Iger’s time working with Chapek was and how much he seems to regret the decision to name Chapek as his replacement. Per Business Insider:
According to insiders, Iger made an agreement with the Board of Directors that he would help guide Chapek as the company dealt with the COVID-19 pandemic and as Chapek figured out his own direction as CEO. Sadly, things didn’t go that way and Chapek made a series of decisions that Iger did not agree with and, to Iger’s surprise, Disney’s Board stood behind the new CEO.
Since becoming CEO, Chapek has made a series of decisions that have not gone over well with Disney fans and Disney shareholders. Not only did Chapek get into a public spat with Marvel star Scarlett Johansson, but he also fumbled the company’s response to Florida’s controversial Parental Rights in Education bill. Most recently, Chapek abruptly fired Disney’s Head of General Content — Peter Rice. Many felt that Rice directly threatened Chapek’s role as CEO.
None of those sat well with Iger, and he has not been quiet with those he knows about his feelings. According to Business Insider:
Even though Iger is no longer a part of Disney and his relationship with Bob Chapek is non-existent, friends say that the former Disney executive is “still rooting for Disney to win.”
Published by Mathew Corn
I am a proud husband and father of 3 awesome children. I am a 4th grade teacher and high school boys basketball coach. We took our first WDW trip when our oldest 2 yrs old and have loved all things Disney ever since. We love to talk about Disney and look forward to our next trip when our last child will experience WDW for the first time.
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