Jim Cramer criticized Disney's CEO Bob Iger for mismanagement of valuable entertainment assets, arguing that his continued control undermines the company's prospects.
Cramer highlighted that tensions within Disney's executive team have negatively impacted its performance, as illustrated in a New York Times article.
Disney's stock price has fallen 18% over two years, while the S&P 500 has risen 44%, demonstrating a stark contrast in performance under Iger's leadership.
Cramer's concern is that Iger's past successes with acquisitions like Pixar and Marvel have been overshadowed by recent missteps, jeopardizing the company's future.
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