We are joined by Bob Eiger, of course, the CEO of Walt Disney here in Sun Valley.

Thank you for being here.

Good morning.

Welcome.

Why are you staying?

Well, let me start with the fact that I did like retirement. I highly recommend it, by the way.

You're never going to get to it, Bob. I mean, you know, you did it for 11 months, and that was it.

It was a good 11 months. And I came back to the company at the request of the board. It was a company that I started working at in 1974,

49 years ago when it was ABC, and we became part of Disney.

And I obviously have deep passion for the company and in the business.

I care a lot about the people.

And after coming back, realized that the company was facing a number of challenges, some self-inflicted, some caused by changes in the business,

large-scale disruption of certain parts of the business.

And while a lot of work has been accomplished in the seven or so months that I've been back,

the board believed, and I agreed with them, that there was a lot more work to do.

And the timetable that we initially established, which was two years,

it seemed like it was putting undue pressure on us, even though we're getting at the work really quickly,

but to accomplish everything we want to accomplish.

So part it was designed for continued stability and continuity, and also to give a team

of very talented executives who work with me, you know, time not only to help me through

what is a challenging period, but to develop themselves.

Yeah.

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