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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