Possible habbenings, Pop Culture Edition: Disney's Chief Financial Officer and the Diversity Officer have both suddenly departed from the company. - The Great Awakening

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Possible habbenings, Pop Culture Edition: Disney's Chief Financial Officer and the Diversity Officer have both suddenly departed from the company.

posted 1 year ago by GopherEverett 1 year ago by GopherEverett +109 / -1

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?

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– GopherEverett [S] 2 points 1 year ago +2 / -0

But as the protests and boycotts grow, they are being forced to manage more issues, some possibly growing to crises, and at some point may require that they withdraw or die.

If I'm reading you right, you're saying they're getting too many fires to put out and being spread too thin, correct? That's a good way to look at it.

I wonder too if it's a signal that the trillions of dollars that they've been pumping into these corporations have now become worthless (gold destroying more than the FED) and the CEOs are starting to see this. If so, they're probably just as overwhelmed as Blackrock.

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