Economy

Ex-Disney CEO Bob Chapek says he raised concerns with the board ‘weekly’ during Iger power battle

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Bob Chapek is finally breaking his silence on the corporate warfare that defined his short and tumultuous time as the leader of Disney. In a revealing appearance on CNBC’s Squawk Box and through excerpts from his new memoir, Behind the Castle Walls, the former CEO claims he spent much of his tenure fighting a losing battle against his predecessor, Bob Iger. According to Chapek, he alerted the company’s board to Iger’s behavior on a weekly basis, only to be met with indifference.

The friction began shortly after Chapek took over in 2020, stepping into the role just as the global pandemic devastated theme parks and cinema attendance. While Chapek managed those operational crises, Iger stayed on as Executive Chairman to oversee content strategies like Disney Plus. However, Chapek describes a slow creep of influence where Iger didn’t just offer guidance but actively sought to undermine him. He recalled hearing reports multiple times a week about private lunches and dinners where Iger was allegedly trashing his leadership using specific, rehearsed talking points.

Despite bringing these grievances to the board, Chapek says he was essentially told to ignore them because they were simply part of Iger’s personality. Board members reportedly brushed off the conflict by suggesting that Iger would be gone within two years anyway. This lack of support proved fatal for Chapek’s leadership; instead of transitioning out quietly, Iger eventually reclaimed the top spot after Chapek was ousted nearly four years ago.

Reflecting on the betrayal, Chapek expressed disbelief that someone in such a senior position would work so aggressively against their own successor. He noted that while most departing executives act as stewards for whoever takes over their role, Iger did the opposite by moving from neutrality toward active opposition. With Iger now slated to remain at the helm until March 2026, these revelations cast a harsh light on the internal politics behind some of the world’s most famous entertainment brand.

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