Disney Shareholders Allegedly Voting Against Re-Electing CEO Bob Chapek - Inside the Magic

Comments for Disney Shareholders Allegedly Voting Against Re-Electing CEO Bob Chapek

Bob Chapek

Credit: Disney

57 Comments

  1. I’m a single mom of two that over the past decade has worked multiple over time shifts to experience that Disney magic for an escape. When I realized I was paying into a modern day feudal system to enrich one man with millions the illusion and fantasy of magic was gone. Doing things with my kids they missed out on the past 3 years this year we are RV camping and paddleboarding Lake Havasu. There is life beyond Disney and I just can’t work the overtime to pay for it I’m emotionally burned out

  2. Ed Comley

    I voted against Chapek and about half of the other directors, (especially Safra Katz, CEO of Oracle).

    I’ve been to Disney twice in the past 3 months with the family and as much as I love it, they’re in real trouble. The “oversold parks” issue is very real. The issues with food are also true. I hate the Lightning Lane thing, but if you don’t pay you wont get on the best rides because it’s so oversold. The broad access to hard liquor throughout the parks is changing the tone as well, and not for the better. And I really don’t understand why they’ve held onto ESPN. What a disaster that has been.

    I own Disney stock because I love Disney, not because it’s the best investment. If my fellow shareholders keep Bob and the rest of the board I’ll sell my shares and find a new place for a vacation. I think it’s not just headed the wrong direction, but Bob is accelerating it.

    If anyone at Disney is reading this I’d offer this advice: Figure out what made Disney special and stop trying to be a copy of Universal. Embrace the history (Dalmations, Mickey and Princesses) and weave in Star Wars. And please get rid of the Lightning Lane thing. If you have a capacity problem build another ride or open another theme park.

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