Bob Iger Will Speak His Mind at Upcoming Conference
Bob Iger, the CEO of The Walt Disney Company, has developed a hard-earned reputation for transparency and polished remarks.
Later, as Iger has entered his mid-70s, the CEO has become a bit more gruff and somehow less refined.
So, whenever the CEO speaks, there’s always a bit of curiosity about whether Disney will wind up performing damage control afterward.
Well, we’ve got more excitement in the office. Fresh from one of Disney’s strangest days ever, Iger will speak again.
Here’s what you need to know.
Iger Speaks Again Next Week
We’re just one day removed from Disney’s worst day of 2024.
After Disney announced its quarterly earnings, the stock dropped more than $11, losing all its gains since early February.
In fact, Disney lost literally all stock improvements it’d made since the previous quarterly earnings report.
That’s three months of hard work completely down the drain for Disney.
Iger may have anticipated this downturn, or the timing may simply work in his favor.
The CEO whom Wall Street reveres will appear at a popular investment event next week.
On May 15th, Bob Iger will perform a Q&A at the MoffettNathanson Media and Communications Summit.
Disney will livestream the event here, with the Q&A beginning at 9 a.m. EST.
As a reminder, Disney executives often appear at this event. In 2023, former CFO Christine McCarthy spoke.
In 2021 and 2022, Disney sent McCarthy as well. However, in a humorous turn of events, in 2022, Disney provided her with backup to avoid a similar mishap.
The 2021 event was when McCarthy famously implied that Disney fans were fat.
So, we’ve seen sparks fly at this event in the past, and Iger has shown that he can be cranky in the morning.
In short, next week’s events could be exciting.
At a minimum, it’ll provide Iger with an opportunity to stop the bleeding on Disney stock.
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