CNBC Investing Club

We're fed up after Disney's terrible quarter and streaming losses. It's time for some big changes

Bob Chapek arrives at the premiere of "Pinocchio" at Walt Disney Studios in Burbank on Sept. 7, 2022. When Chapek grew a beard, colleagues told him he should keep it because it "humanized" him.
Michael Buckner | Variety | Getty Images

Disney (DIS) reported weaker-than-expected fiscal fourth-quarter results after the closing bell Tuesday. We are shocked and stunned by the poor performance, and we're certainly not alone. The stock fell roughly 7% in after-hours trading. As shareholders for the Club, we think it's time for a leadership change.