1. Quite a few people seem to be disappointed with Bob Chapek’s being named CEO of Disney. I didn’t really know much about him until he was named as CEO.

    1. Allen Voivod

      Thanks for the comment, Aldo! I’ve heard a lot about a guy named Kevin Mayer, who’s the head of their DTC division – meaning, in charge of Disney +. I guess the thought was, if that’s the most important part of the company’s long-term success, then that’s the guy you want in the top position.

      But this article makes a really good case for why it was Chapek and not Mayer: https://www.theverge.com/2020/2/26/21153579/disney-ceo-bob-iger-chapek-mayer-streaming-succession-tim-cook-steve-jobs

      The tl;dr is that 1) Chapek has more experience with the entire breadth of the company, which is important for a CEO; 2) They need Mayer to stay where he’s needed most, in this burgeoning new business line; and 3) they kept saying the strategy has been deployed already, so they just need someone to manage it, which is more Chapek’s skill set than Mayer, apparently.

      It’s not sexy – and Wall Street certainly likes sexy – but it doesn’t have to be for them to keep being successful.


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