Todd Spangler NY Digital Editor Bob Iger, just over one year after returning as Disney‘s CEO following the company’s board firing of previous chief Bob Chapek, said publicly that he was dismayed at the Mouse House’s performance under Chapek’s tenure.
Iger, who had selected Chapek, formerly head of Disney’s parks division, to succeed him in February 2020, made the comments Wednesday at the New York Times’ DealBook Summit in New York. “I was disappointed in what I was seeing in the transition period and while I was out,” he said, per the Times. “I worked hard at distancing myself from it.” He said Disney’s current CEO succession planning process “is robust right now” and added that he will “definitely” exit as chief executive when his recently extended contract is up at the end of 2026.
At the DealBook Summit, Iger also was asked about Disney’s decision to pull ad spending from X (formerly Twitter) after X owner Elon Musk agreed with a user on the platform who had asserted that Jewish people “have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them” — seemingly a reference to “replacement theory,” the notion that Jewish people are attempting to replace white populations with nonwhite immigrants.
Musk responded, “You have said the actual truth.” “I have a lot of respect for Elon and what he has accomplished,” Iger said.
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