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Netflix CEO Reed Hastings Reacts to Bob Iger’s Disney Return, Says He Thought He’d Run For Workplace

Opinions expressed by Entrepreneur contributors are their very own.

Disney’s firing of Bob Chapek and rehiring Bob Iger as CEO shocked many, together with co-CEO of Netflix, Reed Hastings.

L: Reed Hastings, Bloomberg R: Bob Iger, Samir Hussein || Getty Photos

Hastings, nevertheless, did not specific concern over Iger as a competitor. In a tweet, he made it clear that he thought Iger was higher fitted to a fair larger job — president of america.

“Ugh,” tweeted Hastings Monday, “I had been hoping Iger would run for President. He’s wonderful.”

The dramatic govt reshuffling occurred following Disney’s board studying that Chapek’s management was driving top-shelf workers away. Regardless of having stated prior to now that he wasn’t all in favour of coming again to the Home of Mouse, the 71-year-old Iger evidently modified his thoughts.

Hastings wasn’t being dramatic relating to the potential for a candidate Iger. As Business Insider reports, Iger first thought-about operating, however his spouse discouraged him. It got here up once more:

He thought-about operating for president for a second time after the 2016 elections, saying that America was “gravely in want of optimism” within the wake of the Trump presidency. Nonetheless, he was met with resistance by his household as soon as once more and determined in opposition to it.

Enterprise Insider notes that Iger would go on to say he was “‘actually naive’ about his management skills and possibilities of profitable.”

There is likely to be one more reason Hastings needs Iger wasn’t again on the helm. Disney is formally one in every of Netflix‘s strongest rivals for streaming audiences. Hastings may contemplate beginning a motion to draft his rival exec into the 2024 race if Iger additional strengthens Disney’s maintain in the marketplace.

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