Disney’s CEO Is Sobered By The Global Coronavirus Crisis

Herb Leibacher·March 12, 2020

On Wednesday, March 11, 2020, Disney Executive Chairman Bob Iger started off the company’s annual meeting by recognizing the company has a significant challenge in dealing with the coronavirus.

According to media reports, Iger said: “We’re all sobered by the concern that we feel for everyone affected by this global crisis.” He also mentioned that the company had worked through many other crises in the past 100 years, including wars and economic downturns.

Chapek Introduction

Iger introduced the new CEO and his successor, Bob Chapek. Mr. Chapek is only the sixth person to hold the title of CEO at Disney and describes himself as a life-long Disney fan. Most recently, Chapek managed Disney theme parks worldwide.

Disney has acknowledge the challenge of coronavirus, but also points to how it has survived crisis situations in the past. Photo credits (C) Disney Enterprises, Inc. All Rights Reserved — Disney has acknowledged the challenge of coronavirus but also points to how it has survived crisis situations in the past. Photo credits (C) Disney Enterprises, Inc. All Rights Reserved

Chapek let the crowd know that the “Avengers Campus” are in Disney’s California Adventure will open on July 18, 2020.

Do you think Disney will close its domestic parks due to coronavirus?