Corruption

WOKE Disney CEO Gets The Boot As Stock Collapses

Throughout 2022, Americans around the nation questioned why Disney was abandoning the values that helped them build a massive loyal customer base.

The answer is simple, CEO Bob Chapek went all in on the WOKE agenda inserting LGBTQ characters in their past and current motives and through their theme parks. For example, Disney canceled conservative actress Gina Carano, released movies meant for children talking about themes such as masturbation, cast a trans “non-binary” actress in Marvel’s Ironheart, and added a same-sex kiss in a children’s movie like Lightyear, which bombed at the box office.

According to the Daily Wire, however, “it was Disney’s stance on Florida’s bill banning classroom conversations on gender and sexual orientation for young children,” that, according to those they interviewed, is pushing them “over the edge.”…

As the result, up to 500,000 long-time Disney fans are reportedly canceling trips and Disney+ subscriptions.

In a statement on Sunday, Susan Arnold, chairman of Disney’s Board of Directors, announced Chapek has stepped down from his position as head of the company and former CEO Bob Iger would be returning from retirement to take back the reins of power.

“We thank Bob Chapek for his service to Disney over his long career, including navigating the company through the unprecedented challenges of the pandemic,” the statement said. “The Board has concluded that as Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead the Company through this pivotal period.”

The Hollywood Reporter (THR) reported that Chapek exited after signing a multi-year contract in June despite a turbulent year of leadership, during which he plunged the company deep into woke politics by opposing Florida’s anti-groomer law that barred teachers from discussing sexuality with third-graders.

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The Disney brand became so undeniably toxic in recent months that the company’s bottom line fell out right from under it, leading to layoffs, drops in stock prices, and overall negative employee morale.

The moves proved disastrous for Disney when the state of Florida stripped Disney of its special tax jurisdiction that permitted the multi-billion dollar corporation to function like a city government.

“The legislation DeSantis signed will eliminate the Reedy Creek Improvement District, which has existed for 55 years as a vehicle for Disney to govern itself within the state. Florida established Disney’s special tax district in 1967 after Walt Disney asked the Florida Legislature for more control over the development of Walt Disney World.”

In a letter to employees at the time, Disney CEO Bob Chapek said that the company will be making “tough and uncomfortable decisions.”

“I am fully aware this will be a difficult process for many of you and your teams. We are going to have to make tough and uncomfortable decisions. But that is just what leadership requires, and I thank you in advance for stepping up during this important time,” he wrote.

Iger will reportedly serve as CEO of Disney for another two years “to set the strategic direction for renewed growth” as a new successor develops, according to the Board.

“I am extremely optimistic for the future of this great company and thrilled to be asked by the Board to return as its CEO,” Iger said in a statement.

“Disney and its incomparable brands and franchises hold a special place in the hearts of so many people around the globe—most especially in the hearts of our employees, whose dedication to this company and its mission is an inspiration.”

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“I am deeply honored to be asked to again lead this remarkable team, with a clear mission focused on creative excellence to inspire generations through unrivaled, bold storytelling,” he added.

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Conservative independent talk show host and owner of https://MAGABOOK.com. USMC Veteran fighting daily to preserve Faith - Family - Country values in the United States of America. Check out my podcast - https://www.spreaker.com/show/finish-the-race

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