Disney’s Abrupt Firing of Peter Rice Is Just the Latest Drama the Stock Doesn’t Need

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https://www.barrons.com/articles/disney-stock-price-fire-51654793140

Updated June 10, 2022 7:23 am ET / Original June 9, 2022 12:45 pm ET

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A top executive at Walt Disney is leaving nearly a year after renewing his contract in what might be just the latest headache for the entertainment giant and its stock.

The media giant said Thursday that Dana Walden would succeed Peter Rice as chairman of general entertainment content, effective immediately.

Rice joined Disney (ticker: DIS)…

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