Senior Disney Executives including CFO Christine McCarthy led the charge against Bob Chapek leading to his firing

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Chief Financial Officer Christine M. McCarthy

Posted: Monday November 21, 2022 4:25pm ET by WDWMAGIC Staff

The Financial Times reports that senior Walt Disney executives approached the board to remove Bob Chapek from control of the company.

Disney Chief Financial Officer, Christine McCarthy, was one of those to allegedly complain to the Disney board

According to the report by FT, the rebellion began in the summer of 2022 and was led by executives loyal to former CEO Bob Iger. Disney Chief Financial Officer, Christine McCarthy, was one of those to allegedly approach the board.

The recent poor quarterly earnings report appears to have been the final straw, forcing the board to replace Bob Iger's hand-picked replacement, Bob Chapek, with his mentor.

Ironically, one of Chapek's last widely reported statements was his comment in a staff memo, "We are going to have to make tough and uncomfortable decisions."

Walt Disney Company leadership updated with Bob Iger as CEO

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Smiley/OCDJan 19, 2024

At least he doesn’t star in his own commercials the way Tom Carvel did…Cookie Puss, Fudgie the Whale…

SirwalterraleighJan 19, 2024

Buffett still has one of the best stories ever…he liked Dairy Queen so much he bought it 😂

LilofanJan 19, 2024

That kind of diet is right up 93 years young Warren Buffett lifestyle alley of eating fast food and dairy queen on a regular basis. His take on that is he eats like a 6 year old kid which he says has the lowest death rates.

SirwalterraleighJan 19, 2024

Oh…Nelly is getting surly… He better not stop by a park and get a Mickey bar…Bob left standing orders to have a few made with antifreeze subbed for the milk

SirwalterraleighJan 19, 2024

She said some crazy @$$ bleep not too long ago… Elon gets away with being a kook because he happens to be like the richest dude…ever…

TraumaJan 19, 2024

John park hopperJan 19, 2024

Come on Bob 595---- let's hope you can hit 600 in 2024 and I'm not talking baseball.

LilofanJan 18, 2024

Execs are very good at reinventing themselves and many critics have the attention span of less than a goldfish - 8 seconds.

MR.DisJan 18, 2024

I was not talking about personal wealth, but that her status as an executive has been tarnished. Not going into rumors and innuendo.

LilofanJan 18, 2024

She sold off her Meta stock in 2022 - $1.8 billion. She's resilient especially after her first husband an accomplished exec of Survey Monkey died while falling off a treadmill in a hotel resort gym during a family vacation.

AylaJan 18, 2024

😂 She's worth 2+ billion dollars. She's fine.

MR.DisJan 18, 2024

Just saw where Sheryl Sandberg is leaving META. At one point she was highly thought to be in the running to take over Disney, but her fortunes have changed drastically.

MR.DisJan 18, 2024

One thing that should be demanded by who ever is picked to take over--Bob Iger needs to completely leave the premises. No honorary office, not even a small cubicle. All privileges gone. If it satisfies his ego, make a statute in his honor--say just outside one of the restrooms in one of the parks.

SirwalterraleighJan 18, 2024

Notice how that corresponds with his ego never wanting to leave either The guy “retired” and never even moved out of his office. A comp: Eisner turned in his keys, his office and his main gate a year early