THE PALACE COUP AT THE MAGIC KINGDOM

Summary from the TLDR newsletter

This article tells the inside story of how Bob Iger undermined and outmaneuvered Bob Chapek to return to power at Disney. Chapek was Iger's chosen successor after Iger stepped down in late February 2020. Iger stayed in the company as a creative director and executive chairman of the board after stepping down as chief executive. Chapek was still required to report to Iger, resulting in conflict. The board ultimately fired Chapek just before Thanksgiving in 2022 and replaced him with Iger.