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March 05, 2004
Disney Critics Persist, Call For Succession Plan
Walt Disney Co.'s critics on Thursday urged the company's board to plan for a successor to Chief Executive Michael Eisner, calling his removal from the chairmanship a cosmetic change that ignored an unprecedented shareholder protest. Investors also debated whether Comcast Corp's $49 billion takeover bid would gain momentum after the Disney board unanimously backed Eisner's leadership as CEO, and he made it clear that he would stay on until his contract expires in 2006."
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Posted By: John Yaglenski @ 12:34 PM | 
