Page 1 of 1

Taken Down a Peg

Posted: Wed Mar 03, 2004 11:57 pm
by CujoSR
From CNN...
The board opted to separate the positions of chairman and chief executive at a meeting that followed what was an often quarrelsome five-hour annual shareholder meeting in Philadelphia earlier in the day. It unanimously elected former U.S. Senator George Mitchell chairman.

Eisner will keep the CEO job and the board in its statement said it remained "unanimous in its support" of Disney's management team.
He's still CEO but he's off the board. Hooray!!

Posted: Thu Mar 04, 2004 1:07 am
by CujoSR
I forgot to add. Mitchell is one of the board members the Roy Disney has been trying to get rid of. This may not be the best option.

Posted: Thu Mar 04, 2004 6:51 am
by DisneyPrincess
CujoSR wrote:I forgot to add. Mitchell is one of the board members the Roy Disney has been trying to get rid of. This may not be the best option.
It's great news until you see Mitchell got it. I guess we'll see how he does.