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March 22, 2004

Calpers, Pension Funds To Press Disney To Name Eisner Successor

The California Public Employees' Retirement System and four other pension funds this week will demand a meeting with Walt Disney Co.'s board to press directors to name a successor to Chief Executive Officer Michael Eisner. The funds, with a combined $460 billion in assets, are challenging Disney's decision to leave Eisner, 62, in place as chief executive after shareholders withheld 43 percent of votes at the March 3 annual meeting for his re-election to the board

Details & Discussion Here
Posted By: pjbs35a @ 3:32 PM | permalink

 

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