Bob Iger gets 'C' rating for Disney return: Analyst

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Bob Iger's return to Disney (DIS) is one of Yahoo Finance's top stories of 2023. Since reclaiming the helm as CEO, Iger cut costs and restructured the business into three divisions —Entertainment; Parks, Experiences and Products; and ESPN —as he looks to make Disney's streaming business profitable. Needham & Co. Senior Media & Internet Analyst Laura Martin, who covered the company during Iger's first tenure as CEO, said she would give the media executive a 'C' for his first year back at Disney. “It's hard to see him stumble in the first year… but in fairness to him, mostly what he's been doing is reversing things Bob Chapek did the prior two years,” Martin told Yahoo Finance Live. “It’s unclear he's been able to move forward at all rather than undoing the one bad decision he made in leadership, which was to hand the reins to Bob Chapek.” About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/

Published 2023-12-12 · Watch on YouTube ↗
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