The bloodbath in the Disney C-Suite is way more entertaining than anything they're putting onscreen these days.
Friday, it was announced that CFO Christine McCarthy was stepping down for "family medical leave", no other explanation given. Naturally, rumors and theories are being thrown around (See: Arkhaven and ClownfishTV for their takes), but things have gotten even more interesting since it was announced late last night that Chief Diversity Officer Latondra Newton was also leaving the company. (again, Clownfish TV since they were the first that I saw to drop this).
I'm surprised that the DEI Commissar is leaving, given how corporations have been doubling down on the wokeness well past the Turned To Shit point; however, 'Elemental' bombing this weekend is just one more failure for the wokites at Disney and I'm curious if she is being failed upwards or genuinely shitcanned and what it was Iger needed to pull of to get her out of there.
On the other hand, the CFO dipping doesn't surprise me at all. Disney had to settle with a whistleblower who reported the company to the SEC for cooking the books, and McCarthy was name checked in a lawsuit concerning the financial state of Disney. "Family Medical Leave" was probably her getting to save face and leave with her dignity somewhat intact.
Developing, and I think this may be something to keep an eye on given how politically connected Disney is. Also, could this be a sign that the BlackRock money machine isn't as solid as we think?
Reportedly the DEI Boss wasn’t even given the privilege of a formal announcement and goodbye speech. HR just sent out a memo she was gone and that was it.
Which is usually indicative of being outright fired. Instead of formally forced out/forced to resign. Which is the typical tactic for companies as outright firing executives can be a costly drama filled minefield. If I remember my corporation-normal speech translations right.
Yes, this. I believe this is bigger than people realize. Even if Iger already has someone in mind to replace her (if so, they haven't been announced yet), her late night "departure" says to me that either she is caught up in a massive scandal that hasn't come to light yet or/and Iger is trying to clean house in a desperate attempt to keep the Disney ship from sinking.
A white lady was just awarded $25M from Starbucks for being fired for being white. How much anti-white discrimination was going on at Pedo-Disney?? Prob anti-straight as well.