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Bob Iger's Legacy Is a Big Wound on the Success Side
Iger has not been able to both groom and execute on a successor. He was out there talking saying negative things about Shapek almost from the moment that he named him. It's very difficult, I think, to climb that second mountain, especially when you're a successful someone like Bob Iger at climbing that first mountain. If he could redo the earnings call after the latest quarterly report and represent a clear plan to reduce those losses in the future, he still might be CEO.