Could this be it for Chapek? This eps was a complete disaster and the stock is at the lowest levels its seen since 2014. Many analysts called it a complete disaster and said that Chapek just doesn’t get it. Jim Cramer said he should be fired live on air on CNBC
Please tell me its going to happen? WDW has been awful under his rule
Until Chapek gets Disney out from under the absolute disaster Iger left him with (amassing as much debt as the company was worth), I don’t think we can fully assess Chapek…and even if they fired him, I don’t know that anything can change until they address the Iger debt problem. Meaning, whoever steps in to replace him wouldn’t be much better due to the circumstances.
There is a disconnect between financial analysts problems with Chapek and WDW fans’ problems. Their major concerns are the money drain of Disney+ and will it ever be profitable. For the most part the financial analysts really love the changes in the parks that are increasing short term profitability that are the major concern of the WDW fans
Careful what you wish for. If Chapek were to get pushed out for Jim Cramer’s reasons, he might get replaced with some outsider corporate raider Elon Musk type, who has even less loyalty to Walt’s vision, and would milk the parks even more.