Disney+ lost $4 billion this year alone and is not expected to be profitable until 2024. Many films this year have struggled to gain box office traction (in part because of their theatrical/Disney+ strategy), and while the theme parks are very profitable, most people agree that Chapek has nickel and dimed guests to an extreme and many longtime fans have turned against the parks.

Iger also saddled the company with $100 billion in debt before he left (purchasing Fox) and they haven't done much of anything with the Fox division in the years since the purchase.