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Tag: bob iger

NEWS! CEO Bob Chapek Has Been Elected to Disney’s Board of Directors

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If you're looking for information related to the current closures and their effect on the Disney Parks, click here for all the up-to-date details and click here for answers to dozens of reader FAQs.

There’s no doubt that these past several weeks have been truly transformative for the Walt Disney Company. Not only have the recent events closed the parks globally and delayed significant film releases, but the leadership of the Company is facing historic changes as well.

Bob Chapek

We’ve just learned about a significant move made by the Board of Directors in electing their newest member.

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Shanghai Disneyland Introduces New Health Screening Protocol For Guests Entering the Resort

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While Disney World remains closed along with all of the other global Disney parks, we’ve already seen some of the ways Disney is beginning to handle a return back to “normalcy.”

©Disney

Shanghai Disneyland changed their health screening protocol, effective today. This policy introduces new measures upon entering the resort to help keep guests and Cast Members safe.

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We Asked Our Readers If They’d Be OK With Temperature Checks To Enter Disney World. Here’s What They Said.

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With all of the Disney parks currently closed, the company is evaluating what changes will be made when it comes time to reopen.

Cinderella Castle and Main Street USA in Disney World

Disney’s former CEO, Bob Iger, said the company will work to determine what they need to address to make people feel safe. Iger also confirmed that Disney may implement mandatory temperature checks to enter the parks.

With that in mind, we reached out to our followers on Instagram to see how they would feel about a temperature check required for park entry. And the results were interesting!

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ALL the Disney NEWS and REVIEWS This Week: Everything You NEED To Know!

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We’ve been hard at work scoping out all the latest news for you. Today we have all the details on what’s happening due to the ongoing closures and more.

Due to the current global situation, ALL Disney Parks will be closed until further notice. See all of our coverage HERE.

Cinderella Castle

We have a lot to share with you this week, so let’s jump right in…

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Just How Much Money Are Disney’s Chiefs Bob Iger and Bob Chapek REALLY Giving Up?

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At this time, Disney World and Disneyland will remain closed until further notice and will be compensating their employees until April 18th, after which all non-essential Cast Members will be short-term furloughed.

And while the parks are accepting new reservations starting after June 1st, they’ve just released all of their incoming college interns and cultural representatives from their Disney programs which were scheduled to begin in early June.

Bob Chapek at Star Wars: Galaxy’s Edge Dedication Ceremony

Combined with other efforts to budget-cut due to theme park losses compounded by hits to nearly all of Disney’s primary entertainment silos, news broke recently that some of Disney’s most highly-paid executives were taking major salary cuts, including current CEO Bob Chapek and CEO-turned-Chairman Bob Iger. 

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Here’s All the Disney News You Missed While You Were Watching Jack Black on TikTok!

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If you're looking for information related to the current closures and their effect on the Disney Parks, click here for all the up-to-date details and click here for answers to dozens of reader FAQs.

 

Well, the days certainly are being to blend together a little bit (we were still under the impression today was the 368th day of March this morning!).

Disney World

And if you’ve been distracting yourself with other means of entertainment lately now that the Disney parks are closed, we totally don’t blame you!

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Bob Iger Comments Reveal How Set-Backs Could Affect The Walt Disney Company Long-Term

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Ever since the parks first closed, we have been trying to imagine the impact the closures will have on a powerhouse like Disney.

Cinderella Castle and Main Street USA in Disney World

We’ve seen execs taking pay cuts, Cast Members being furloughed, the company taking on new debt, and even purchasing a new parcel of land. To those of us on the outside, it appears as though Disney has been thoughtfully planning their moves not only to protect themselves financially but to ensure a future for the parks we love. Former Disney CEO, Bob Iger, spoke to how the latest events have impacted the company’s vision moving forward in a recent interview with Barron’s.

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It Could Take Two Years for Disney Parks to Return to Normalcy Predicts Wall Street Analyst

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Disney Chairman Bob Iger recently expressed his expectations for reopened Disney parks, spurring Wall Street to make their own predictions.

Disneyland Main Entrance

With the Disney parks currently closed, executives and analysts are looking to the potentially very different future of the parks. Even as Iger began to suggest measures that could be taken to make guests feel safe, Wells Fargo analysts are predicting that the Disney parks may not return to their pre-closure attendance levels for two years.

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Bob Iger Comments on Big Potential Change Coming to the Disney Parks

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As Disney Parks around the world remain closed, we can’t help but wonder how things will be different when this is over.

©Disney

We’ve already speculated about what could be done to increase safety within the parks once they open. But now, it looks like Disney’s former CEO, Bob Iger, is confirming that one major safety check is being considered by Disney for the parks.

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Disney Executives Push Back on Details Of Recent Salary Cuts

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With the recent closures of the Disney parks, there have been several measures taken by the Walt Disney Company to maintain economic viability. One of those measures has been a major salary reduction for Disney executives.

Bob Chapek

This announcement came just last week, but it seems that all has not gone smoothly with the pay cuts.

It seems the terms of the amended company contracts failed to provide an end date to the salary reductions, among other things, prompting executives to push back against the cuts.

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