Disney ‘fired CEO Bob Chapek after colleagues including CFO complained he was unfit for the job

Disney fired its CEO Bob Chapek after receiving several internal complaints from senior staffers that the exec was running the company into the ground, people familiar with the matter have revealed.

Among those to air such concerns was Disney’s Chief Financial Officer Christine McCarty, who the insiders said was among many to find Chapek, 62, unfit for the role, CNBC reported. 

The company’s board of directors acted almost immediately after receiving the complaints, reaching out to his predecessor and former mentor Bob Iger, 71, Friday to come out of retirement and replace a man he less than a year ago touted as his successor.

The shakeup reportedly left Chapek ‘blindsided,’ the sources said, bringing his 11-month tenure as head exec to a premature close after a series of errors and woke controversies cratered the firm’s share price.

Brass from the company announced the change in a statement Sunday night, but did not provide a specific reason for Chapek’s dismissal.

The revelation…

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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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