Eisner Loses Disney Chair

from the replaced-by-Mickey-Mouse? dept

The latest struggle in the boardroom at Disney suggests that Michael Eisner (once considered a "could do no wrong" exec) is in serious trouble there. Just hours after 43% of shareholders voted against Eisner remaining as CEO (even though he ran unopposed) the Board of Directors has stripped him of his chairman title, though he remains CEO. In many similar situations, it doesn't take long for the executive to finally realize he's unwanted and leave, so it wouldn't be a huge surprise to find out Eisner is resigning shortly.

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Save me a cookie
  • Note: A CRLF will be replaced by a break tag (<br>), all other allowable HTML will remain intact
  • Allowed HTML Tags: <b> <i> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Follow Techdirt
Insider Shop - Show Your Support!

Hide this ad »
Essential Reading
Techdirt Deals
Techdirt Insider Chat
Hide this ad »
Recent Stories
Advertisement - Amazon Prime Music
Hide this ad »


Email This

This feature is only available to registered users. Register or sign in to use it.