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Search resuls for: "Disney's Bob Iger"


5 mentions found


☆ Inside Amazon, there's chatter, and jokes, about Jeff Bezos coming back as CEO in the midst of massive layoffs and a plummeting stock price
  + stars: | 2023-01-06 | by ( Eugene Kim | Claire Atkinson | ) www.businessinsider.com   time to read: +6 min
Some Amazon employees are calling for Jeff Bezos to return as CEO. Some Amazon employees are calling for the return of founder Jeff Bezos as CEO in the midst of massive layoffs and a plunging stock price. "Apparently not even Andy is safe," one employee wrote, referring to Jassy who took over from Bezos as CEO in July 2021. "He should come…he is the best," another employee wrote, referring to Bezos. In the turkey-themed email, viewed by Insider, the CEO acknowledged challenges, thanked Amazon employees, and called for resilience and optimism.
☆ Elon Musk is the head of 5 companies that need strong leadership. Instead, he's starting Twitter wars.
  + stars: | 2022-11-29 | by ( Marguerite Ward | ) www.businessinsider.com   time to read: +4 min
Elon Musk has made headlines for his recent tweets, which include posts about guns and Apple. Critics say the Twitter CEO's use of the platform could further endanger the struggling company. There's also been discord at SpaceX, the rocket company Musk operates. In a story for New York Magazine, Kevin Dugan wrote that Musk is unlikely to change his ways anytime soon. "It's now been a week since Elon Musk has taken over Twitter, and one thing that's clear about his reign is that he will never, ever touch grass."
☆ Wall Street activism is proving its influence on corporations. Just look at Disney's Bob Iger.
  + stars: | 2022-11-22 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Investors are still digesting the news that Bob Iger will reprise his role as the chief executive of Disney. Bob Iger, CEO of Disney Charley Gallay/Stringer/Getty Images1. On Sunday, Disney announced legendary leader Bob Iger would return to his post as CEO and replace Bob Chapek, even though Chapek just months ago signed a contract extension. Disney stock had plunged 21% since Chapek's appointment in February 2020. As long as these headwinds batter the stock market, investors are likely not going to sit idly by and watch what they believe to be mismanagement by corporate leaders.
☆ Disney's Bob Iger shocker is the latest sign that Wall Street is calling the shots at major companies. Here are 3 other titans that have felt activist pressure this year.
  + stars: | 2022-11-21 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +5 min
Wall Street has increased its pressure on companies to get more efficient amid the ongoing stock market decline. Bob Iger's abrupt return to Disney as CEO this week is the latest example that investors are calling the shots. Corporate titans like Meta's Mark Zuckerberg and Alphabet's Sundar Pichai have not been immune to the pressure from Wall Street. Now, Disney is facing new pressure from Trian Fund Management's Nelson Peltz, according to the Wall Street Journal. These are three other companies that have faced pressure from investors recently as their stock prices suffer.
☆ Disney's Bob Iger returns to lead post-pandemic revamp
  + stars: | 2022-11-21 | by ( ) www.reuters.com   time to read: +1 min
Nov 21 (Reuters) - Bob Iger is returning as Walt Disney Co's (DIS.N) chief executive officer in a bid to restore confidence in the entertainment giant and chart a faster path to profitability for its streaming business. He replaces Bob Chapek, who took charge in February 2020 just before the COVID-19 crisis hit and under whose reign the company's stock has lost about a third of its value. In 2021, he was involved in a tussle with Scarlett Johansson, star of Marvel's "Black Widow" film, over Disney's move to simultaneously release the movie in theaters and online. Disney said on Monday that Iger is "uniquely situated to lead the company through this pivotal period." Here is a timeline on his career at the company:Reporting by Akash Sriram, Chavi Mehta and Vansh Agarwal in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
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