This is INTERCOT's WebDisney,
The Definitive Guide To Disney Information & Disney Web Sites. WebDisney currently has 196 sites
in our online directory for your surfing pleasure!
May 14, 2004
Eisner Retains $1 Million Salary
Michael Eisner will keep his $1 million annual salary as chief executive of The Walt Disney Co., although he no longer serves as board chairman, according to the company's quarterly report filed Thursday. In March, Disney's board stripped Eisner of his chairmanship. The change in Eisner's status meant a new employment agreement had to be negotiated. The amended contract also specifies that Eisner will "retain the same duties and responsibilities, with the same scope of authority" that he had as chief executive under his previous deal. By not mentioning the issue of salary, the amended contract leaves in place Eisner's base salary of $1 million.
Disney shares are now at an incredibly affordable price. Get 10% off
the OneFee by using the promo code "tenpercent" when you check out.
Click Here
to find out how to buy One Share of Disney, Pixar or other popular
stocks.
Posted By: Ray @ 9:24 AM | 
