According to The Hollywood Reporter, The Walt Disney Co. announced on Sunday night that Bob Chapek will step down as CEO, with Bob Iger returning to lead the company:
Thelibertydaily.com reports: We’ll soon see. If Disney continues to be the wokest major entertainment company in America, this leadership change won’t do much. If Iger tries to change directions, he’ll have a whole lot of groomers and their supporters to contend with internally. It seems like a Catch-22 for someone who was decent during good times but not so great during bad times. Not that I ever give stock tips, but I wouldn’t bet on Disney rebounding anytime soon.