Disney has officially terminated CEO Bob Chapek in a shocking series of events that took place this past Sunday, pulling back in its former CEO and putting a stop to the destructive tenure that saw the entertainment titan devolve into a quickly drowning caricature of wokeness.
The Mouse set back in place Bob Iger, age 71, who recently retired from the role of CEO just over a year ago in the wake of a long 15-year hyper-successful stint in the position. Iger had personally trained and prepared Chapek, 62, to be his successor for the company, staying on two years longer after announcing his original retirement plans in what has been seen to be a horribly failed attempt to create a smooth transition.
“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” expressed Susan Arnold, the Chairman for Disney, in a release on the subject.
The price of Disney stock has seen a shocking 40% drop over the past year as the economy suffered through COVID. The company’s woes have been squarely blamed on a set of choices that were made that resulted in the almost wholesale alienation of it family-minded and in many cases, conservative, customer base. The company fought heavily with Florida Governor Ron DeSantis over a recent law that blocks all public schools from teaching kids younger than the fourth grade about radical gender theory and sexual orientation.
Robert A. Iger named Chief Executive Officer of The Walt Disney Company: https://t.co/qvG1ZB8cvR pic.twitter.com/nV41l8OMEW
— Walt Disney Company (@WaltDisneyCo) November 21, 2022
The company also received some fairly heavy criticism when they featured a lesbian kiss in the children’s movie “Lightyear,” showed a transgender man buying tampons in one of their series, and wholeheartedly went along with the trend of Environmental, Social, and Governance, a plan which pulls in investors by highlighting a laundry list of woke values throughout the corporate structure.
Chapek, who was raking in a salary of well over $26 million, did not choose to comment in the wake of his termination.
The company’s board stated that Iger “is uniquely situated to lead the Company through this pivotal period,” going on to say that he has the “deep respect of Disney’s senior leadership team, most of whom he worked closely with until his departure as executive chairman 11 months ago.”
Iger sent out emails to Disney staffers late Sunday evening in order to announce his coming back to the role.
“Dear Fellow Employees and Cast Members,” he explained via an email which was obtained by The Ankler, “It is with an incredible sense of gratitude and humility-and, I must admit, a bit of amazement-that I write to you this evening with the news that I am returning to The Walt Disney Company as Chief Executive Officer.”
“When I look at the creative success of our teams across our Studios, Disney General Entertainment, ESPN and International, the rapid growth of our streaming services, the phenomenal reimagining and rebound of our Parks, the continued great work of ABC News, and so many other achievements across our businesses, I am in awe of your accomplishments and I am excited to embark with you on many new endeavors.”
“I know this company has asked so much of you during the past three years, and these times certainly remain quite challenging, but as you have heard me say before, I am an optimist.”
Chapek was tasked with firming up the company in the wake of its billions of dollars in loss throughout the COVID pandemic due to its theme parks being closed.
