Sunday, January 15, 2023

Chairman Of The Board


It has been a rough year for Disney.  A 44% drop in market value and criticism of its current path have left the leaders in disarray.  Visiting this past week, I noticed many signs of this perturbation.  Actual stalled projects and notices of others being axed entirely.  A few empty storefronts, and news of long term tenants announcing closure.

Stepping into this mix will be one of our own.  Mark Parker, ex-CEO of Nike Inc. will become the new Chairman of Disney's Board. Let's wish him well in finding a CEO who will guide Disney in a direction for stability and sustainability.  Goofy, Dopey, and the rest of the gang possibly in the mix for a new shoe contract?

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