Pivot Bob Iger exits — what’s going on at Disney? The stock market takes a coronavirus hit. PLUS Is “coffee” a disruptable industry?
Feb 28, 2020
Bob Iger's sudden exit from Disney raises questions about the company's future leadership. The stock market faces turmoil due to the coronavirus, leading to insights on which companies may thrive, like Peloton. Panera's new coffee subscription model sparks excitement for its innovative business approach. The conversation touches on the challenges facing food delivery services and the evolving political landscape, particularly regarding the pandemic's management. A light-hearted wrap-up includes predictions about upcoming political shifts and the joys of creativity amidst family absence.
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Iger's Exit
- Bob Iger's departure from Disney as CEO was sudden, but he'll remain as Executive Chairman.
- The choice of Bob Chapek, from Parks, as his successor, was unexpected.
Disney's Content Focus
- Bob Iger's acquisitions (Pixar, Marvel, Lucasfilm) were successful and reasonably priced.
- Disney's future hinges on content, making the choice of a parks executive as CEO intriguing.
Disney's Complexity
- Disney's multifaceted nature may make it too complex for one person to lead effectively.
- Chapek's training under Iger suggests Disney might agree.