Disney, IMO, went down hill when they, the BOD, got rid of the Disney family members, and installed whatshisname, the former US Senate Majority Leader, as the Chairman.
I don’t recall there being a former US Senate Majority Leader acting as Chairman. I know Bob Iger was installed shortly after Michael Eisner got fired, which was partially caused by Roy E. Disney getting fired by Eisner and his protesting out of disgust for what Eisner did, though.