Bob is an American national and citizen by birth. At this point, shareholders dont need him to innovate.. Bob Chapek is seen in the inset on November 8 in New York City. As I noted earlier, Chapeks critics around Hollywood (and among the reporters who cover the town and the entertainment industry) have been very vocal of late about their belief hes not doing a great job running the company. It is not far-fetched at all to wonder whether, six months or a year from now, Chapek will get the same sort of shock he delivered to Rice last weekand end up unemployed himself. Florida Republicans have passed a bill to forbid instruction on sexual orientation and gender identity in kindergarten through third grade. While speaking to employees shortly after taking the helm from fired CEO Bob Chapek, two-thirds of employees surveyed said they feared expressing their political or religious views at work. We must take sides. Elevating the exec with the most experience and operational understanding of the creative side of TV to the top post at Disney General Entertainment should be seen as awinfor creatives and other execs at the company. Things you buy through our links may earnVox Mediaa commission. On November 11, days before his sudden departure was announced, Chapek said there would be a freeze on hiring, with layoffs likely to follow, amid a dip in revenue, according to The Hollywood Reporter. Finally, last week, Chapeks completelyunexpected decision tosummarily dismissDisney General Entertainment chief Peter Rice sent writers at the Tinseltown trades (and upstart industry newsletters) rushing for their respective fainting couches over the horror the absolutehorror! Robert Chapek was born in the Chicago suburbs in 1960 to working-class parents, Marie (Lofay) and Bernard W. Chapek. Political Campaign Contributions. Bob Chapek, Disneys chief executive, addressed criticism about the companys silence on anti-L.G.B.T.Q. Ron DeSantis desk, sent there by Florida lawmakers after finding approval in the state House and Senate. It was a week of damage control that ended with Mr. Chapek trying to assuage his staff and critics by announcing Disney was re-evaluating all of its political giving and begging his employees forgiveness. We, Yahoo, are part of the Yahoo family of brands. He succeeded Thomas O. Staggs, who had been named COO (Chief Operating Officer) of Disney the previous month. Chapek has eschewed such public positions and rose through the ranks happy to let others have the spotlight, colleagues said. In a fundraising email Thursday, DeSantis said the bill sensibly prohibits K-3rd graders from being indoctrinated with transgenderism and R-rated lessons about sexuality., At a rally in Boca Raton on Thursday, DeSantis criticized Chapeks outspoken disappointment over the bill, accusing Disney of succumbing to phony hysteria and calling the company woke.. The meeting is entitled Reimagine Tomorrow., A global summit of the same name will follow on April 13 and is the first gathering of our employees worldwide to discuss our progress on and plans for improving diversity, equity, and inclusion at Disney., Chief Corporate Affairs Officer Geoff Morrell stated, Whatever Bobs personal politics are, hes not an activist and does not bring any partisan agenda to work. He attacked Disney by name, saying it was hypocritical for the company to make money on family entertainment and then speak out against a bill designed to protect parents rights. Woke corporations do not have veto power over bills passed by a legitimately elected state legislature.Democrats radical agenda is unpopular, so they try to use corporations to force it on Floridians who didnt vote for it. If youre a shareholder, please vote Chapek off the board by tomorrow. (Spokespeople for Disney and Pixar did not respond to requests for comment on this claim.). Opening Date Set for Adventureland Treehouse Featuring S.E.A. Hes a lousy custodian considering everything he touches leaves Disney more sh.wellyou know. All rights reserved. India, with a population well in excess of 1 billion people, has become a particularly important part of the Disney+ story the past couple of years, accounting for over one-third of the platforms worldwide subscriber tally. His Ron DeSantis Chapek also pledged to commit Disney to radical LGBTQ activism, including putting transgenderism in childrens According to Chapeks message Friday, in which he said Disney will immediately pause its political donations in Florida, the figure will stay that way for the time being. Notably, Iger made no mention of Chapek in his statement, though he did assure employees that he would have more to share on Monday. Between May 18, 2019 and March 30, 2021, records show Disney donated $106,809.38 to Friends of Ron DeSantis, the governors Political Action Committee, according to the Florida Division of Elections. Starting next spring, that meansmillions of Indian Disney+ customers might decide to cancel theirsubscriptions. I am sorry. 87990cbe856818d5eddac44c7b1cdeb8, Appeared in the March 12, 2022, print edition as 'Florida Political Uproar Engulfs Disney. On top of the stock woes, Disney CEO Bob Chapek has become a punching bag for cultural critics. She also worked toclarify the content brands for the two platforms, figuring out what types of programs should debut on the broadcast network (family comedies, mainstream dramas,shiny-floorcompetition shows) and which made more sense for Hulu (limited series, Emmy-bait dramas). Chapek didnt speak to the Carano incident directly but said Disney stands for values that are universal: respect, decency, integrity and inclusion and we seek to have the content that we make reflective of the rich diversity of the world we live in. I am sorry., Proponents of the bill point to its language as neutral, pro-parent legislation, while its opponents feel that the same text serves to invalidate and marginalize LGBTQ+ students and their identities. Disney CEO Chapek Bob Chapek Tuesday said he doesnt really see Disney as characterizing itself as left-leaning or right-leaning responding to a shareholder who But his pledge of $5 million to the Human Rights Campaign, among other LGBTQ rights organizations, was rejected by HRC leadership. And today, we are pausing all political donations in the state of Florida pending this review. The controversy erupted into public view on Monday after a company-wide email sent by Chapek about the Dont Say Gay bill was met with criticism not just from outside observers but rank-and-file Disney employees, an extraordinary rupture of Disneys tightly controlled public messaging. But even if Chapek has done a bad job in some areas, I think describing his actions last week as yet another disaster or blunder is just flat-out wrong. Chapek also said in the Monday memo that Disney had not donated to politicians specifically regarding the Dont Say Gay bill, but the company had contributed to Republican and Democrat legislators who have subsequently taken positions on both sides of the legislation.. Bob Chapek was born Robert Alan Chapek on August 21, 1960, in Chicago, Illinois, United States. This site is protected by reCAPTCHA and the Google By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Iger has returned to his role as Disney CEO, replacing Chapek. I am sorry.. Asked about Lucasfilm chief Kathleen Kennedy, Chapek said he is absolutely thrilled with her and the company looks forward to having Kathy directing the activities of the entire Lucasfilm operation for many years to come.. Disney companies have donated $2,109,361.87 in the last year for the 2022 election cycle alone, according to the Florida Division of Elections, with hundreds of thousands of dollars going to Republican Party-affiliated groups compared to Democratic Party-affiliated groups. At the time, Johanssons camp told TheWrap the actress was shocked by what one top executive called a ham-handed response. Mercy The former executive confessed to being angry about how the issue played out. Disney CEO Bob Chapek talks with WSJs Editor in Chief Matt Murray about the challenges of weathering controversies and keeping his nearly 100 year-old company relevant. Chapek earns a C+ in his second year, said Tom Nunan, a and former network and studio executive who served as an executive producer on the Oscar-winning Crash. The reason Chapeks grade isnt lower, and that he receives a plus next to his grade versus a minus, is that despite public snafus, keeping a giant company running successfully is no small task., Added Nunan, Some will say Chapeks not hurting anything except morale. Not happening.Disney shouldnt have said anything. I truly believe we are an infinitely better and stronger company because of our LGBTQ+ community. All Rights Reserved. While all those divisions make critically important content, they also wont require Waldens day-to-day attention. I thought they were the more tolerant group. Before joining News 6, Brandon worked at WDBO. He even signed Rice to a new deal last fall, clearly indicating he wasnt simply looking to make a change just to make a change. Marcia and Connor make one of the quickest deals in history. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. It is clear that this is not just an issue about a bill in Florida, but instead yet another challenge to basic human rights, Chapek wrote. I missed the mark in this case but am an ally you can count onand I will be an outspoken champion for the protections, visibility, and opportunity you deserve. (adsbygoogle = window.adsbygoogle || []).push({});
, Copyright 2023 | WordPress Theme by MH Themes, Abigail S. Koppel Wedding, Bio, Age, Net Worth, Husband, Epstein and Leslie Wexner, Robert Costa Wiki, Age, Wife, Weight Loss, CBS News, Twin Brother, Height, Family, Parents, Salary and Net Worth, Neeraj Khemlani Wiki, Age, Wife, Parents, CBS News, Height, Family, Nationality, Salary and Net Worth, Ian Lee Wiki, CBS News, Age, Height, Family, Parents, Wife, Children, Ethnicity, Salary and Net Worth, Brene Brown Wiki, Age, Podcast, Books, Husband, Family, Children, Married, Nationality and Net Worth. Given Walden has been carrying so much of the load at Disney TV already, theres a logic to simply making her the main person in charge of the entire operation particularly since her new role wont necessarily addthatmuch more to her plate. David Offenberg, an associate professor of finance at Loyola Marymount University with expertise in entertainment, declined to give the exec a letter grade, but said Chapeks executive future is unlikely to be threatened by PR stumbles, adding that Chapek doesnt need to match Igers sterling reputation for forward-thinking ideas. In March 2018, Chapeks unit, Walt Disney Parks and Resorts, was merged with the Disney Consumer Products and Interactive Media segment and renamed Walt Disney Parks, Experiences, and Products as part of the companys strategic reorganization. However, the fact that Disney stock prices have remained relatively stable since Chapeks takeover indicates the CEOs blunders are not perceived as a threat to Disneys bottom line. No, Drake Didnt Drop a New Song With the Weeknd. He sees himself first and foremost as the custodian of a unifying brand that for nearly a century has been bringing people together, and he is determined that Disney remain a place where everyone is treated with dignity and respect.. I agree. This past week offered the sharpest contrast yet between the two men. Youre either for inclusion or youre not, political stance notwithstanding. But when questioned about letting her go, Disney CEO Bob Chapek maintained the company is apolitical. We Know a Little Bit More About Netflixs Advertising Plan. Its a much less sensational story than whats been written, but I thinkBob simply didnt like working with Peter.. Like many companies, Disney took a hit when pandemic shutdowns began in March 2020, losing revenue from theme parks and theatrical box office. Chapek signed a multiyear contract in June. Iger remained in an executive chairman role at Disney until retiring in December 2021. He joined The Walt Disney Company in 1993. Earlier this year, the company was criticized by staff, including employees of animation studio Pixar, who said that moments and stories that include same-sex affection had been consistently cut by Disney's corporate executives. He graduated from Indiana University Bloomington with a Bachelor of Science in microbiology and from Michigan State University with a Master of Business Administration. The stockholder, speaking during the Q&A portion of Disneys annual shareholder meeting, noted that co-stars Pedro Pascal and Gina Carano both controversially referenced Nazi Germany in social media comments but only she was removed. And while some of the recent media love letters to Rice have talked up how much top talent liked working with him, most of his relationships were on the film side. Message: Question-mark emoji? Jonathan Majors Dropped by Manager Entertainment 360 Following Domestic Violence Charges, AI-Generated Fake Drake/Weeknd Collaboration, Heart on My Sleeve, Delights Fans and Sets Off Industry Alarm, Beef Star David Choe Appears to File Copyright Takedowns for 2014 Podcast Video of Him Joking Hes A Successful Rapist, Bruce Springsteen Contracts COVID and Misses His Archives Inaugural Awards Show, but Presents Via Video. Copyright 2022 by WKMG ClickOrlando - All rights reserved. Opponents of the bill cited Disneys political support for those legislators in their campaign against the company. Disneys stock price on Chapeks first day at work (Feb. 25, 2020) opened at $133 and closed at $128. This came as a surprise to many Disney employees, who have fresh in their memories Mr. Igers statements about a restrictive antiabortion bill proposed in Georgia in 2019. On this claim. ) i truly believe we are an infinitely bob chapek political affiliation stronger. 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