Darkbeer
03-14-2005, 09:38 AM
http://www.latimes.com/business/la-fi-eisner14mar14,0,5745316.story?coll=la-home-headlines
QuikQuote: In March 2004, after Walt Disney Co. shareholders blistered him with a 45% vote of no confidence, he was removed as chairman of the board. Late last year, his judgment was repeatedly questioned during testimony at a trial about his ill-fated hiring of his former friend Michael Ovitz. A bestselling book released a few weeks ago portrayed him as paranoid and obsessed with his enemies.
On Sunday the resilient chief executive who has run Disney for nearly 21 years appeared to have the last laugh. With the naming of Disney President Robert Iger as his successor, Eisner demonstrated once again the enormous control he wields over the Magic Kingdom.
QuikQuote: In March 2004, after Walt Disney Co. shareholders blistered him with a 45% vote of no confidence, he was removed as chairman of the board. Late last year, his judgment was repeatedly questioned during testimony at a trial about his ill-fated hiring of his former friend Michael Ovitz. A bestselling book released a few weeks ago portrayed him as paranoid and obsessed with his enemies.
On Sunday the resilient chief executive who has run Disney for nearly 21 years appeared to have the last laugh. With the naming of Disney President Robert Iger as his successor, Eisner demonstrated once again the enormous control he wields over the Magic Kingdom.