Michael Eisner, former Disney CEO, shares his feelings about Bob Iger and Bob Chapek. He’s quite proud of both for their accomplishments at the Walt Disney Company.
Eisner was CEO from 1984 to 2005. He made many contributions to the Disney brand in his tenure and even hired Bob Chapek in 1993.
“I am a big fan of Disney. I am a fan of both Bobs. Yes I hired Chapek. Is he the same executive as I am, or Bob Iger is, or anybody is? He is his own guy. He was very good at Disney when I was there. He took our home video business from a rental to a sell-through business. That was very risky. He did a very good job in the parks. I am a shareholder. I think he’s going to do very well,” Eisner said Wednesday in an interview on CNBC.
Iger stepped down a year before his contract was over in a shocker in February 2020 after a stellar run, saying he wanted to go out on top. He became executive chairman with a mandate to focus on content for a transition year as the company named Chapek CEO. It’s been a long goodbye, and industry players have wondered how Iger is taking the change.
“We’ve talked about it,” Eisner said. “Having 50 unanswered emails, and seven scripts you haven’t read and 30 phone calls you haven’t returned… Getting off that treadmill is not a horrible thing. I think he is interested in writing another book, looking at his opportunities. He is not 25 years old, as I’m not. Between ABC and Disney, he spent many years at one institution. I think he is coming up for air and you will hear about him and things he will be doing and his wife Willow [Bay] will be doing in the future.”
“There is no loser here. I don’t think the shareholders are losers here, or the consumers are losers here, or certainly either of them” — Iger or Chapek.
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