Darkbeer
02-04-2004, 07:02 PM
Roy's latest dis: 'Emperor' Eisner (http://www.hollywoodreporter.com/thr/article_display.jsp?vnu_content_id=2082935) - Hollywood Reporter, 2/4/04
QuikQuote: Urging shareholders and investors to take back the company by voting against Eisner and three members of the board of directors at Disney's annual meeting next month, the document argued: "The daring, dynamic, creative and businesslike management of the post-1984 years has given way to a staid and inbred group under the singular imperial rule of an Emperor (Michael Eisner) and his enabling Court (the board of directors). The once lean organization has become top heavy with intelligent and well-intentioned schemers, who rather than supporting the creative soul, dictate to the artists what must be done (and won't tolerate differing views)."
The document also takes aim at the compensation awarded Disney's top executives, noting that the company's top five executives were paid more than $68 million in total compensation during the past three years, while the company's share price fell by about 50%.
QuikQuote: Urging shareholders and investors to take back the company by voting against Eisner and three members of the board of directors at Disney's annual meeting next month, the document argued: "The daring, dynamic, creative and businesslike management of the post-1984 years has given way to a staid and inbred group under the singular imperial rule of an Emperor (Michael Eisner) and his enabling Court (the board of directors). The once lean organization has become top heavy with intelligent and well-intentioned schemers, who rather than supporting the creative soul, dictate to the artists what must be done (and won't tolerate differing views)."
The document also takes aim at the compensation awarded Disney's top executives, noting that the company's top five executives were paid more than $68 million in total compensation during the past three years, while the company's share price fell by about 50%.