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Somebody has to be the bigger man to step up.
Walt Disney World Company CEO Bob Iger told CNBC that he will quiet the noise that has emanated from Disney's ongoing feud with Florida Governor Ron DeSantis and other political foes.
The feud erupted last year when Iger's predecessor, Bob Chapek, publicly challenged one of the governor's state policies. Iger, formerly the CEO of the company, came back to run the entertainment giant last year.
DeSantis responded to the criticism by taking away Disney's autonomous rule. The two sides have been duking it out in court ever since. Iger made his remarks during a presentation to analysts and most assuredly he hopes that the comments help reverse the loss of Disney's stock price.
Also, DeSantis' stock has won as he attempts to gain the Republican nomination for President of the United States in 2024.
CNBC analysts called it a tricky situation and a lose-lose proposition.
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