Re:Disney CEO Bob Iger immediately steps down from CEO position
by drchiu on Tuesday February 25, 2020 @07:28PM
(#22419088)
Bought shares today due to the general market drop. Bought more after hours after this announcement. My gut tells me it’s due to some personal reason. Perhaps health. Time will tell. Company is good and has a lot of great brands and assets.
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Re:Disney CEO Bob Iger immediately steps down from CEO position
by SiFiPi on Tuesday February 25, 2020 @07:38PM
(#22419152)
I see, but is it possible that he suspects a large sell off of excess fat or even a large downturn after the presidential elections, and this recent downturn just reminded him of this idea?
Re:Disney CEO Bob Iger immediately steps down from CEO position
by calny on Tuesday February 25, 2020 @08:51PM
(#22419569)
Interesting possibility but I don’t think so. Obviously I can’t say what he’s thinking, but I doubt he’d believe it would help his legacy to abandon his role in the middle of market difficulties after the worst 3-day stretch in recent memory.