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March 07, 2004
Eisner's Ability to Lead Doubted
Walt Disney Company CEO Michael Eisner has wielded almost unchecked power over the company for 20 years, serving as emperor of the vast entertainment empire. With last week's stunning no-confidence vote, that reign is likely coming to a difficult close according to some experts. Even if the former chairman can hang on as CEO until his contract expires in 2006, management and leadership experts think that the public rebuke will make it difficult for Eisner to continue as a legitimate leader. Some have claimed that the shareholder rebellion has left Eisner as an emperor with no clothes.
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