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View Full Version : Disney revamps its board practices - Wall Street Journal, 4/29/02



Lani
04-29-2002, 02:30 PM
Disney revamps its board practices (http://www.msnbc.com/news/744984.asp?0si=-?cp1=1) - Wall Street Journal, 4/29/02

Disney, long criticized for its board practices, recently changed its practices, then hired a consultant to review the changes.

QuikQuote: "Disney has issued a corporate-governance review that reflects several steps the board has taken to improve its standing. Among them: a new standard for what constitutes independence in a director, a higher stock-ownership requirement for board members and a severing of business relationships between Disney board members and the company."