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Originally Posted by Buehler445
Unless Iger dumped a bunch of stock options I’m not sure he did anything unethical other than save face. I’m with Dane the whole creative thing doesn’t pass the smell test but I’m not sure he did anything nefarious other than not deal with it.
It should be noted that I haven’t paid attention to his stock options or compensation. I could be all the way wrong here.
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FYI, Iger is still under contract with Disney through the end of 2021 and there have been no reports of any improprieties.
While I personally believe the press release was weird in its content, the fact of the matter is that Bob Iger oversaw the acquisitions of Pixar, Marvel, Lucasfilm and 20th Century Fox during his 14 years as CEO, along with the launch of Disney+ and the renovation and additions to several theme parks, including the $2 billion dollar Galaxy's Edge Star Wars land.
While he may or may not have been tipped off about the virus, he's accomplished more in the past 14 years than most Entertainment CEO's accomplish in decades. He's 69 years old and has pretty much done it all, so IMO, it's more likely than not that the reason for stepping down is just to enjoy life instead of constantly putting out fires.