The Walt Disney Company has been in the headlines for all the wrong reasons over the past few weeks, and the negative publicity just took another turn for the worse after one of the company’s key executives announced his abrupt resignation.
According to Fox Business, the outlet confirmed that through an email sent to other executives at the company, chief corporate affairs officer Geoff Morrell announced that he would be stepping down after serving in the position for only three months.
— New York Post (@nypost) April 30, 2022
The resignation comes in the wake of a series of public relations disasters, which caused Disney stock prices to fall and overall negative sentiment surrounding the entertainment company to turn sour with consumers, which is especially bad timing as summer vacation time approaches.
The primary issue — and mistake, many say — was Disney’s very public involvement in opposing Florida Gov. Ron DeSantis’ (R) Parental Rights in Education bill, which he signed into law earlier this month.
The bill, falsely labeled as the “Don’t Say Gay” bill by its opponents and liberal media establishments, prevents young students from being taught inappropriate sexual subjects, from kindergarten through third grade.
Morrell and Disney tried their best to make it appear as if his sudden resignation was no big deal, but the statement Morrell released on the news made it obvious to many that he was ousted from the company, as leaving a role at one of the top corporations in the world after only three months is a huge red flag in itself, let alone during such a tumultuous time for the company.
“After three months in this new role, it has become clear to me that for a number of reasons it is not the right fit,” Morrell wrote. “After talking this over with Bob, I have decided to leave the company to pursue other opportunities.”
In recent days, Walt Disney Company CEO Bob Chapek has announced a growing list of management changes, presumably with the hopes of assuring shareholders — and parents who typically spend a lot of money at the company’s theme parks — that everything is under control.