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March 25, 2004

Disney Director Estrin Says Board Backs Management

Walt Disney Company director Judith Estrin reaffirmed the embattled board's support of Chief Executive Michael Eisner, telling a group of major shareholders the current leadership is best for Disney. In her speech and when talking with reporters later, she declined to provide specifics about the entertainment company's plans to return to a level of growth that will calm shareholder unrest over a number of issues, including performance of the stock price and the future of Disney's creative firepower.

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Posted By: Ray @ 7:16 PM | permalink

 

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