Bob Chapek

Disney Employee Morale ‘Terrible’ Following Executive Firing

The Walt Disney Co. has seen its stock take yet another beating, dropping nearly 6 percent since Thursday’s surprising executive shake up that saw CEO Bob Chapek fire his presumed successor, Peter Rice, who served as Disney’s chairman of entertainment and programming.

ANAHEIM, CA - MARCH 12: A Disneyland employee walks through the entrance to Disneyland amid rain showers in Anaheim, Calif., on March 12, 2020. Disneyland will temporary close the Disneyland Resort in Anaheim in response to the expanding threat posed by the Coronavirus Pandemic. The closure takes effect Saturday and …

Disney CEO Bob Chapek Grovels to LGBTQ Employees: ‘I Let You Down. I Am Sorry’

The Walt Disney Co.’s CEO Bob Chapek has taken a knee before his LGBTQ employees, issuing a humiliating apology after some of them mutinied over the company’s refusal to condemn Florida’s Parental Rights in Education bill, which would forbid the teaching of sexuality and transgender ideology to students in kindergarten through third grade.

Disney CEO Bob Chapek during an address at the Boston College Chief Executives Club, Monday, Nov. 15, 2021, in Boston. (AP Photo/Charles Krupa)