After resisting efforts to issue a public statement regarding Florida’s controversial “Don’t Say Gay” legislation, Walt Disney Co. (NYSE:DIS) CEO Bob Chapek reversed course and spoke openly against the legislation this morning during the company’s shareholders meeting.
What Happened: Deadline reported that Chapek insisted that while the company has been a longtime supporter of the LGBTQ community and had been “opposed to the bill from the outset,” he opted not to comment publicly on the issue “because we felt we could be more effective working behind the scenes, engaging directly with lawmakers on both sides of the aisle. And we were hoping that our longstanding relationships with those lawmakers would enable us to achieve a better outcome. But, despite weeks of effort, we were ultimately unsuccessful.”
