Disney Insider speculates that Bob Chapek was fired because he crossed paths with Disney’s human resources department that pushes the radical awakening policy.

Disney insider WDW Pro recently speculated as to why he thinks The Walt Disney Company fired Bob Chapek just months after renewing his CEO contract through 2025.

Producer Kevin Feige and Bob Chapek attend the world premiere of Doctor Strange in the Multiverse of Madness at the Dolby Theater in Hollywood, CA on Monday, May 2, 2022.
(Photo: Alex J. Berliner/ABImages)

In late June, “The Board of Directors of the Walt Disney Company voted unanimously to extend Bob Chapek’s contract as Chief Executive Officer by three years.”

Board chair Susan Arnold explained: “The pandemic dealt a heavy hand to Disney, but with Bob at the helm, our businesses, from parks to broadcasting, not only weathered the storm, but emerged in a position of fortress”.

He added: “At this important time of growth and transformation, the Board is committed to keeping Disney on the successful path it is on today, and Bob’s leadership is key to achieving that goal. Bob is the right leader at the right time for The Walt Disney Company, and the Board has complete confidence in him and his leadership team.”

Robert A. Iger, CEO and Chairman of the Board, at The Walt Disney Company Investor Day 2020.

RELATED: The Walt Disney Company Tries To Solve Its Problems By Rehiring The Architect Of Those Problems, Bob Iger Returns As CEO, Bob Chapek Is Out

However, on Sunday, Chapek received his walking papers and his predecessor, Bob Iger, was announced as the new CEO.

A press release read: “The Walt Disney Company (NYSE: DIS) announced today that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Mr. Iger, who spent more than four decades with the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from the Board to set the strategic direction for renewed growth and work closely together. with the Board in developing a successor to lead the Company at the end of his term. Mr. Iger succeeds Bob Chapek, who has resigned from his position.”

LOS ANGELES, CALIFORNIA – JUNE 29: (L-R) Disney Studios President of Content Alan Bergman, Producer, Marvel Studios President and Marvel Chief Creative Officer Kevin Feige and The Walt Disney Company CEO Bob Chapek, attend the World Premiere of Black Widow Fan Event at Dolby Theater on June 29, 2021 in Los Angeles, California. (Photo by Alberto E. Rodríguez/Getty Images for Disney)

Discussing the move to fire Chapek and bring back Iger, Disney pundit WDW Pro appeared on Midnight’s Edge and speculated on the cause of Chapek’s firing.

He stated: “When we see change like this, it tends to come from the institutional level. This does not come from anything that is very small.”

“So what I think probably happened is Bob Chapek – he has some enemies and those enemies came mostly from [Latondra] Newton’s department in HR with the DEI stuff, and that’s very connected to ESG,” he shared.

RELATED: Former Disney CEO Bob Iger Reportedly Calls Hiring CEO Bob Chapek “One of His Worst Business Decisions”

WDW Pro continued: “And I bet that while you were looking for places to cut back at the company, you may have crossed a threshold that you weren’t supposed to cross. And in doing so, those three big investors, we’re talking about Vanguards, we’re talking about Black Rocks. That they may have told the Board that we are ready to start reassessing our relationship with you.”

He further explained: “We’re not talking about fans who got mad at Star Wars. We’re not talking about individual investors who said I’m going to take my $10,000 out of Disney. We’re talking about people who have the ability to say, ‘I’m pulling out my billions and billions that are generated through 401Ks and other things that we all have associated with you unless you get rid of this guy now. I think that was what happened,” he stated.

Latondra Newton via The Walt Disney Company

Midnight’s Edge host Andrew Einherjar later stated, “So to translate what you think is Chapek went after the heart of the awakening and then those who pushed him institutionally hit back in a big way before he got there.”

WDW Pro responded, “I think so and I think it has to be something this big.”

Pedro Pascal, Executive Producer Kathleen Kennedy and Disney CEO Bob Iger arrive at the premiere of Lucasfilm’s first live-action series, “The Mandalorian,” at the El Capitan Theater in Hollywood, CA on November 13. 2019. “The Mandalorian” airs exclusively on Disney+. (Photo: Alex J. Berliner/ABImages)

RELATED: Bob Chapek denies that Disney has become ‘too wide-awake’: “The company survived for a hundred years by serving its audience, and it will thrive for the next hundred doing the same”

Then he covered himself: “Now, it could be others. There are other options on the table, but they are things we don’t know about. So, for example, you could have a situation where the Disney+ numbers are much worse than we think. There could be a situation where the actuaries have interpreted this as how much they’re going to lose on Disney+, but they purposely left out the forces of the recession, and deep down they know they’re about to have a horrible time. .”

WDW Pro continued: “There could be things like that that could be big enough to cause this, but it really takes something huge like the ESG thing, like the investor thing, or like there’s some hidden number that we don’t know about. that’s catastrophically bad because otherwise why would you put Iger up for a two-year transition to someone else?

(L-R): Dorothy Steel as Merchant Tribe Elder, Florence Kasumba as Ayo, Angela Bassett as Ramonda, Danai Gurira as Okoye in Marvel Studios’ Black Panther: Wakanda Forever. Photo courtesy of Marvel Studios. © 2022 MARVEL.

Then he closed his thoughts: “Disney stock, investors are not buying this either. The people who are most closely associated with the company and its success are not buying this. So we got the pop unsurprisingly, predicted last night, it was over a hundred bucks. It has been drifting ever since. Trend down, down, down.

“So by the end of the week, if it goes back to around $92 where it was, we’re still in the same place. Because nothing has changed. Everything you see in the company right now was generated by Iger. Chapek has essentially done nothing more than Genie+ at the Walt Disney World Resort. That’s literally what you can point to and say Chapek did, but other than that, this is all Iger’s company,” he concluded.

The shares of the Walt Disney Company through the New York Stock Exchange Inc.

RELATED: Marvel Studios Executive Victoria Alonso Slams Disney CEO Bob Chapek at the GLAAD Media Awards

WDW Pro is not alone in its speculations. Puck’s Matthew Belloni also singled out Human Resources as a major cause of Chapek’s firing.

He said, “I kept hearing that it was his driving of the call and its aftermath that was actually questioned internally and by the board. … And they told me that the HR group. .”

However, Belloni was also told that Chapek’s ouster could be the first of many, as a source told him: “No one survives this. Chapek is first, but all these guys will be out. The economy turned to Hollywood. Nothing I could do.

HOLLYWOOD, CALIFORNIA – OCTOBER 18: (L-R) Marvel Studios Executive Producer and Co-Chairman Louis D’Esposito and Disney CEO Bob Chapek arrive at the Marvel Studios Eternals Premiere on October 18, 2021 in Hollywood, California. (Photo by Alberto E. Rodríguez/Getty Images for Disney)

RELATED: Disney CEO Bob Chapek says the company is “a force for inclusion” but doesn’t want it to become “political football”

While Chapek may have run afoul of Newton, the HR department. children in an attempt to normalize acts of gross depravity and other disorderly behavior.

In a company-wide email in response to the state of Florida banning the teaching of gender ideology and sexual orientation in grades kindergarten through third grade, Chapek stated, “And because this fight is far bigger than any bill in any state, I believe the best way for our company to create lasting change is through the inspiring content we produce, the welcoming culture we create, and the diverse community organizations we support.”

Chapek continued: “There’s a reason content is at the top of this list. For almost a century, the stories of our company have opened minds, inspired dreams, shown the world as it is and how we would like it to be, and now more than ever, they represent the incredible diversity of our society.

“We are telling important stories, raising voices and, I believe, changing hearts and minds,” he added.

MAKE UP BOY THE PROUD FAMILY: LOUDER AND PROUDER – “Bad Influencer” (Disney)

What do you think of the WDW Pro speculation? Why do you think they fired Bob Chapek and brought in Bob Iger to replace him?

NEXT: Disney CEO Bob Chapek fully aligns the company with the LGBTQ+ agenda, declaring he will be “an outspoken champion”

Leave a Reply

Your email address will not be published. Required fields are marked *