Disney Ceo Latest Celebrity News & Gossip

Bob Chapek, the Disney CEO who is under siege, hopefully does not watch much TV. If he does, he’ll see a succession of fellow CEOs who seem prone to self-destruction — Adam Neumann of WeWork, Travis Kalanick of Uber, Elizabeth Holmes of Theranos, etc. — portrayed on buzzy TV series. Viewing these shows back to back, the stolid Chapek might wonder whether the CEO is extinct as a folk hero.

Todd Spangler NY Digital Editor Disney released the official vote counts from its 2024 meeting of shareholders held April 3 — in which investors decisively defeated a campaign by activist investor Nelson Peltz to win a seat on its board. According to the votes disclosed in an SEC filing Tuesday, nine of the Disney-backed director candidates received more than 90% of the shares voted in their favor.

J. Kim Murphy Bob Chapek, the former Disney CEO who was abruptly ousted from the company last November, is among a group of executives facing a lawsuit claiming violations of securities law for allegedly providing misleading statements and omissions about Disney+ and its subscriber growth. The case, filed by Local 272 Labor Management Pension Fund on May 12 in the U.S. District Court for the Central District of California, also names former Disney executive Kareem Daniel and current CFO Christine McCarthy, as well as the Walt Disney Co. itself, as defendants. The document states that the case seeks a lead plaintiff and judicial determination for a class action suit representing Disney shareholders from Dec. 10, 2020 to Nov. 8, 2022.

Florida in the middle of summer with a mask on. That could be quite daunting,” Chapek said.

By Anthony D'Alessandro

By Dade Hayes

By Patrick Hipes