The relationship between former Disney CEO Bob Iger and current Disney CEO Bob Chapek is fractured, according to a new report from CNBC.
- The New York Timespublished a story in which they reached Iger by email. Iger said he wasn't going to leave Chapek’s side amid the pandemic and Iger would stick around to help the company.
- Chapek was reportedly frustrated after he saw the story, having not asked for Iger’s help.
- “He wasn’t looking for a white knight,” CNBC reported.
- Since then, Chapek started making big decisions for Disney without Iger’s input.
- Sources told Puck News that Iger and Chapek conflicted on a number of issues, including the direction of Disney+ and its family-friendly content.
- Iger stayed on as executive chairman after stepping down from his CEO spit. He ended that role at the end of 2021.
The latest: More than a dozen sources told CNBC that Chapek and Iger rarely speak and have had a fractured relationship since the beginning of the pandemic.
- “Normal times would have allowed Iger and Chapek to work more closely. Instead, the two executives barely spoke to each other. Chapek has a small circle of close confidants with whom he makes major decision,” per CNBC.
- Iger even hosted a party last year where he barely spoke with Chapek. He rarely mentioned him during a speech praising past employees, too.
What they said: “It was extremely awkward,” one of the guests told CNBC. “The tension was palpable.”