Drive Stock Price Down 40 percent, Pick a Fight with Your Customers and a Governor, DOUBLE YOUR SALARY AND GET A NEW CONTRACT?
Disney’s board doubles down on woke, rewards CEO Bob Chapek with a new contract!
Washington, DC (June 28, 2020) — Today, Disney’s Board of Directors extended CEO Bob Chapek’s contract for another three years. Job Creators Network President and CEO Alfredo Ortiz issued the following statement:
“Disney’s Board seems to be living in a fairy tale. In the real world, a CEO who has invited the PR nightmare that Disney has experienced this Spring would be fired. Disney’s goofy Board has decided to reward CEO Bob Chapek for caving to woke activists. His actions led to a crash in their stock price, a boycott of Disney products and services, and dissolution of their special tax deal with Florida’s government. Boards of Directors are supposed to represent shareholders, but Disney’s Board seems much more interested in praying to the woke Gods and paying their CEO $32 million a year to fail. With that kind of performance, I wouldn’t be surprised if Disney sees a shareholder derivative lawsuit in the very near future.”