Disney-DeSantis War of Words Heats Up at Annual Meeting
Disney CEO Bob Iger said that Republican Gov. Ron DeSantis and lawmakers appeared to be retaliating against the company for exercising its constitutional rights.
April 04, 2023 at 12:39 PM
3 minute read
Disney CEO Bob Iger said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threaten jobs or expansion at its Florida resort is not only "anti-business … but anti-Florida."
Answering a question during an online shareholders' meeting, Iger said that the Republican governor and lawmakers appeared to be retaliating against the company for exercising its constitutional rights. He referred to the incident last year when Disney criticized Florida's law dubbed by critics "Don't Say Gay" while Bob Chapek was helming the company at the time. The measure bars instruction on sexual orientation and gender identity in kindergarten through third grade, as well as lessons deemed not age-appropriate.
In response, Florida lawmakers passed, and DeSantis signed, legislation revamping the government-like board that oversees Walt Disney World's 27,000-acre property outside Orlando. Among the changes the legislation made was that the Florida governor got to pick the five supervisors of the governing board instead of it being controlled by Disney, as it had been in its previous 55 years.
During the shareholders' meeting, Iger declared the company's love for Florida, noting it was the largest taxpayer in the state and employed around 75,000 workers. The company has plans to make $17 billion in investments at Disney World over the next 10 years that will create an additional 13,000 jobs, he said.
Iger acknowledged that there may have been some missteps in how Disney initially responded to the Florida legislation—the company took its time in speaking out against it publicly, and only after Disney employees exerted internal pressure. But he said the company, which is based in Burbank, California, had a right to free speech, just as individuals do.
Some shareholders during the question-and-answer period of the meeting criticized the company for promoting a "woke" agenda, while a Disney employee thanked Iger for supporting the company's workers. Iger responded that Disney's primary goal is to entertain and is not driven by an agenda.
By taking on Disney, DeSantis attempted to further his reputation as a culture warrior willing to battle perceived political enemies and wield the power of state government to accomplish political goals, a strategy that is expected to continue ahead of his potential White House run.
But the DeSantis-appointed supervisors said last week at the second meeting of the revamped board that their predecessors had pulled a fast one on them by passing restrictive covenants that strip the new board of most of its powers.
Disney has said all agreements were above board and took place in public.
DeSantis on Monday asked Florida's chief inspector general, with help from the Florida Department of Law Enforcement, to launch an investigation into the actions of the previous board.
DeSantis said in a letter to chief inspector general that any legal or ethical violations should be referred to "the appropriate authorities."
"Disney is again fighting to keep its special corporate benefits and dodge Florida law," DeSantis spokesman Jeremy Redfern said in an email. "We are not going to let that happen. As Governor DeSantis recently said, 'You ain't seen nothing yet.'"
Mike Schneider reports for the Associated Press.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllHow Uncertainty in College Athletics Compensation Could Drive Lawsuits in 2025
Wachtell Helps Miami Dolphins Secure One of NFL’s First Private Equity Deals
3 minute readTrending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250