bob iger Articles and News Stories
Disney Executive Temporary Pay Cuts May Be Coming to an End
According to documents obtained by Deadline, temporary salary reductions for executives at The Walt Disney Company are ending on August 23rd. The reductions went into effect on April 5th as a cost cutting measure in the early weeks of the COVID-19 pandemic. The cuts ranged from 20% for Vice Presidents, up to 50% for CEO … Disney Executive Temporary Pay Cuts May Be Coming to an End
The Walt Disney Company 3rd Quarter Earnings Report Shows Revenue Down 42%, Parks Income Down $3.5 Billion
Tuesday afternoon, The Walt Disney Company released their earnings report for the 3rd fiscal quarter of 2020 (ending June 30, 2020), showing revenue down 42% and income down 72% over last year for the quarter. Diluted earnings per share decreased 94%. Chief Executive Officer Bob Chapek said in a written statement: Despite the ongoing challenges … The Walt Disney Company 3rd Quarter Earnings Report Shows Revenue Down 42%, Parks Income Down $3.5 Billion
Disney Executives Address ‘Time of Unrest’ in a Message to Cast Members
The Walt Disney Company issued a message to Cast Members today addressing the current unrest in the country. The letter was signed by Disney CEO Bob Chapek, Chairman Bob Iger, and Chief Diversity Officer Latondra Newton. Here is the message, “Resolve in a Time of Unrest: A Message to Fellow Employees,” in its entirety: Dear … Disney Executives Address ‘Time of Unrest’ in a Message to Cast Members
The Walt Disney Company Issues Cautiously Optimistic Earnings Report for Quarter Ending March 31
Tuesday afternoon, The Walt Disney Company released their earnings report for the 2nd fiscal quarter of 2020 (ending March 31, 2020), showing revenue up 21%, but income down 37% over last year for the quarter. Diluted earnings per share decreased 63%. Chief Executive Officer Bob Chapek said in a written statement: While the COVID-19 pandemic … The Walt Disney Company Issues Cautiously Optimistic Earnings Report for Quarter Ending March 31
Disney Executive Chairman Bob Iger Named to California Economic Task Force
Bob Iger, Executive Chairman for The Walt Disney Company, has been named by California Governor Gavin Newsom to an 80-person task force that is being charged with developing economic strategies to aid in the recovery caused by the coronavirus pandemic. Iger is joined on the panel by several other well known executives, including Apple CEO … Disney Executive Chairman Bob Iger Named to California Economic Task Force
Bob Chapek Elected to The Walt Disney Company Board of Directors
The Walt Disney Company has added CEO Bob Chapek to its board of directors. In a joint statement, Susan Arnold, independent lead director of the board, and Bob Iger, Disney executive chairman, said: “Bob Chapek has demonstrated remarkable leadership in the face of unprecedented challenges that were unimaginable when he became CEO just seven weeks … Bob Chapek Elected to The Walt Disney Company Board of Directors
Daily Disney Video Fix! – April 14, 2020
Today’s DIS Unplugged Video Today on the DIS Unplugged, we live streamed our Walt Disney World Edition podcast. We discussed a lot of the recent Disney news like the Cast Member furlough, Bob Iger taking on a bigger role in the company during this crisis, and our thoughts on how quickly we’ll get back to … Daily Disney Video Fix! – April 14, 2020
Bob Iger Retakes Some CEO Duties During a ‘Crisis of This Magnitude’
According to the New York Times, less than two months after stepping down and handing over the reins of The Walt Disney Company to Bob Chapek, former CEO Bob Iger has stepped back in to some of those duties. That article says that, “Mr. Iger has effectively returned to running the company. After a few … Bob Iger Retakes Some CEO Duties During a ‘Crisis of This Magnitude’
Bob Iger Speaks Regarding Possible Changes at the Disney Parks in Response to Coronavirus
In a recent interview with Barron’s, Disney executive chairman, Bob Iger, spoke at length regarding the impact of the coronavirus on The Walt Disney Company and its brands. Iger stated that the company is both optimistic and realistic regarding its current mood. Iger was careful not to project a unrealistic attitude regarding the coronavirus and … Bob Iger Speaks Regarding Possible Changes at the Disney Parks in Response to Coronavirus
Top Disney Executives Take Pay Cuts Amid Coronavirus (COVID-19) Crisis
The Walt Disney Co. has shared that their top Disney Executives are taking a substantial cut in their pay amid the Coronavirus pandemic. Chairman Robert Iger will forgo 100% of his salaryCEO Bob Chapek will take a 50 percent pay cutAll Vice Presidents will have their salaries reduced by 20%All Senior Vice Presidents will take a … Top Disney Executives Take Pay Cuts Amid Coronavirus (COVID-19) Crisis
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