Published 1 year ago

Walt Disney CFO, Others Brought Concerns to Board Over Bob Chapek

Summary by Ground News

Behind the surprise change in leadership at Walt Disney Co. DIS 6.30%increase; green up pointing triangle on Sunday was festering discontent among investors and top executives including Chief Financial Officer Christine McCarthy, who in recent weeks had expressed to directors her lack of confidence in Chief Executive Bob Chapek, according to people familiar with the matter.

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CNBC

Disney blindsided Chapek with CEO decision after reaching out to Iger on Friday

Disney's board reached out Bob Iger on Friday over concerns about the company's soft earnings report this month.

1 year ago·United States

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Wall Street Journal

Walt Disney CFO, Others Brought Concerns to Board Over Bob Chapek

Finance head Christine McCarthy told directors of her lack of confidence in the CEO after a calamitous November earnings call

1 year ago·New York, United States

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KTLA 5

Disney ‘blindsided’ Bob Chapek after rehiring former CEO Bob Iger

A new report from CNBC indicates that Bob Chapek was “blindsided” by the Walt Disney Co. board’s decision to rehire former CEO Bob Iger.The company contacted Iger about becoming the CEO again on Friday after receiving complaints from senior leadership that Chapek was not fit to do his job.One of those complaints came from Disney’s Chief Financial Officer Christine McCarthy, who also served as the CFO under Iger, CNBC reported. Iger was previousl…

1 year ago·Los Angeles, United States

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Asia One

Previous Disney CEO Bob Iger to replace current CEO Bob Chapek

In an utterly surprising turn of affairs, Disney has brought previous CEO Bob Iger out of retirement as studio lead and back into the field. The long-serving veteran will be returning to replace current head Bob Chapek, who took over the reins in 2020. The announcement comes after Chapek had just signed a multi-year contract in June this year, with...

1 year ago·Singapore

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