Despite a Chaotic Year, Disney Ranks for Prestigious Award

Bob Iger in front of Castle

The Disney fandom knows that 2022 was a wildly chaotic year for The Walt Disney Company. In the midst of the identity crisis that Disney faced, the entertainment giant is still ranking for the 20th consecutive year as one of the most prestigious global companies.

The Walt Disney Company
Credit: Disney

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To the shock of many, The Walt Disney Company CEO, Bob Chapek, was removed from his CEO position in November 2022. Former Disney CEO Bob Iger returned to the captain’s wheel in an attempt to correct the wayward course of the beloved company.

In 2022, The Walt Disney Company was at the center of disagreements with the state of Florida, controversial political stances, theme park price hikes, disgruntled Cast Members, a declining entertainment industry, low stock reports, and more… a change was needed.

Here entered Bob Iger in hopes of correcting Chapek’s mistakes after Iger diagnosed Disney as losing its soul. From firing to hirings, The Walt Disney Company shake-up is officially underway.

Bob Chapek Bob Iger
Bob Chapek (left) / Bob Iger (right)

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But it’s not all bad news for Disney. As we turn the calendar to 2023, it seems like The Walt Disney Company will maintain its leading role for the 20th consecutive year. The Walt Disney Company has been recognized as the top-ranked media and entertainment company on Fortune’s annual list of the “World’s Most Admired Companies.

@WaltDisneyCo took to social media on February 1, 2023, to announce, “Disney ranks high on
@FortuneMagazine’s list of “World’s Most Admired Companies” for 2023 and retains its position as the top media and entertainment company.”

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Disney ranked number 6 overall among the 324 listed companies from across the globe. According to reports, “Disney earned top marks in a significant number of areas, including innovation; people management; use of corporate assets; social responsibility; quality of management; financial soundness; long-term investment value; quality of products/services; and global competitiveness.”

Beating out The Walt Disney Co. on the World’s Most Admired Companies is 1) Apple, 2) Amazon, 3) Microsoft, 4) Berkshire Hathaway, and 5) JPMorgan Chase, with results based on a poll of some 3,700 corporate executives, directors, and analysts.

Under Disney’s new CEO, Bob Iger, we have high hopes this “World’s Most Admired” company status will continue to rank as the entertainment giant navigates 2023.

About Jamie Sylvester

I'm a Disney nerd! A kid at heart who loves the magic and memories of Walt Disney World. I follow all things Disney and enjoy the vacations, day trips, weekend getaways, and geek out over the planning of such events. My goal is to experience as many Disney desserts and cocktails as possible! Married to another Disney nerd and blessed with a daughter and son, we thoroughly enjoy the magic at Disney and are here to help others experience the magic as well.