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Disney-DeSantis war of words heats up at annual meeting

Disney CEO Bob Iger has 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

By MIKE SCHNEIDER
Published - Apr 03, 2023, 05:50 PM ET
Last Updated - Jun 22, 2023, 10:56 AM EDT

 ORLANDO, Fla. (AP) — Disney CEO Bob Iger on Monday said any retaliatory actions by Florida Gov. Ron DeSantis and the Republican-controlled Florida Legislature against the company that threatens jobs or expansion at its Florida resort is not only “anti-business ... but anti-Florida.” 

In response, Florida lawmakers passed, and DeSantis signed, legislation revamping the government-like board that oversees Walt Disney World's 27,000-acre (11,000-hectare) 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. 

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. 

During the shareholders’ meeting, Iger declared the company’s love for the state of 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. 

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