Does Disney's New CEO Make It a No-Brainer Stock to Buy Before 2023?

Does Disney's New CEO Make It a No-Brainer Stock to Buy Before 2023?

Wall Street got a surprise announcement to kick off the week when Walt Disney (NYSE: DIS) told the world on Sunday night that Bob Iger was returning to the CEO role, effective immediately. Making this announcement more surprising was that former CEO Bob Chapek signed a new contract with the entertainment giant in June. A look at the track records of the two Disney leaders mentioned above may provide some insights into what led to this decision and whether this C-suite change portends different results in the future for the company and the stock.