Chapek out, Eisner back at Disney after poor earnings report |

Chapek out, Eisner back at Disney after poor earnings report

Former and current Disney CEO Bob 'Michael' Eisner. (Or is it Michael 'Bob' Eisner? We're so confused.) Photo by Ed Schipul [CC BY-SA 2.0] via Flickr.

He’s baa-aaaack!

BURBANK, CA — Just a couple of weeks since Disney released their latest earnings, Bob “Bob” Chapek is out as the CEO of the Walt Disney Company. Uncle Walt’s Insider can confirm that the board has named Michael “Bob” Eisner as his successor.

Bob “Bob” Iger, the once and future chairman of the Walt Disney Company, said in a closed door meeting that his legacy shouldn’t be clouded by factors outside of his control. He is, therefore, bringing Bob (Eisner) back until things stabilize.

After things have calmed down, Bob (Iger) will then again step into the role as CEO, bringing the company back to profitability, and THEN after that he will bring Bob (Chapek) back as CEO.

Speaking on the current Covid-19 situation, Bob (Iger) said, “It’s the circle of life; it’s the wheel of fortune. It’s the leap of faith, it’s the band of hope. ‘Til we find our place on the path unwinding, yeah, in the circle… the circle of life.”

Wait, is he just quoting Lion King song lyrics at us? Let us know in the comments below!

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Cover photo: Former and current Disney CEO Bob ‘Michael’ Eisner. (Or is it Michael ‘Bob’ Eisner? We’re so confused.) Photo by Ed Schipul [CC BY-SA 2.0] via Flickr.