Darkbeer
12-01-2003, 10:52 PM
2nd Member of Board Resigns at Disney (http://www.nytimes.com/2003/12/02/business/media/02disney.html?ex=1070946000&en=c244f7d09f2c8984&ei=5062&partner=GOOGLE) - New York Times, 12/2/03
QuikQuote: Yet, in a year when seemingly invincible chief executives, like Hollinger's Conrad M. Black, have been forced to step down, the two renegade directors are pressing ahead. They said they thought they had a better chance at instigating change without the constraints that came with being directors.
"Our effort to improve performance is not a quarter-to-quarter issue," Mr. Gold said. "It will not happen overnight,'' he added. "When I convince people about the underperformance and poor management, I will begin to make progress.''
QuikQuote: Yet, in a year when seemingly invincible chief executives, like Hollinger's Conrad M. Black, have been forced to step down, the two renegade directors are pressing ahead. They said they thought they had a better chance at instigating change without the constraints that came with being directors.
"Our effort to improve performance is not a quarter-to-quarter issue," Mr. Gold said. "It will not happen overnight,'' he added. "When I convince people about the underperformance and poor management, I will begin to make progress.''