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The Walt Disney Company (DIS) CEO Bob Chapek Presents at Morgan Stanley Technology, Media and Telecommunications Conference (Transcript)

Mar. 02, 2021 2:24 AM ETThe Walt Disney Company (DIS)
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The Walt Disney Company (NYSE:DIS) Morgan Stanley Technology, Media and Telecommunications Conference Call March 1, 2021 8:45 PM ET

Company Participants

Bob Chapek - Chief Executive Officer

Conference Call Participants

Ben Swinburne - Morgan Stanley

Ben Swinburne

Hello, everybody, welcome back. I'm Ben Swinburne Morgan Stanley's media analyst. For important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/research disclosures. If you have any questions, please reach out to your Morgan Stanley sales representative.

We are really excited to have with us for our next keynote conversation, Bob Chapek. He is the Chairman and CEO of the Walt Disney Company. Before becoming the seventh CEO in Disney's nearly 100-year history, Bob served as Chairman of Disney Parks Experiences and Products, basically since that segment was created. And before that was running the parks and resorts business. Bob, it's great to see you. And thank you so much for being with us.

Bob Chapek

Thanks for having me Ben, I appreciate it.

Ben Swinburne

It's sort of unbelievable that it's been basically a year since you've been named CEO. We were just chatting about what a year it's been. I'm sure nothing that any of us could have imagined. When you step back and sort of think about where the company is today, compared to when you took the job a year ago, how would you size it up for us when you look out from here?

Bob Chapek

Well, overall, I think I'd say that despite all the significant challenges that have been laid in our path over the last year, we feel as optimistic now, as ever, about the future course of the company. We had three priorities, when it was apparent what was COVID, and what it was going to do to our company and our outlook. And the first one was really to stabilize

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