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September 18, 2004
Yahoo's Semel Emerging as Contender for Disney CEO
As the Walt Disney Company begins its search for a new chief executive, Yahoo CEO Terry Semel has emerged among Hollywood insiders as a top contender.Semel has deep roots in Hollywood, having run a movie studio for two decades. His family still lives in Bel Air. And his success at turning around one of America's highest-profile technology companies could give him more cachet with a Disney board seeking to restore the struggling entertainment company's fortunes.Semel's name surfaced almost immediately after Disney's embattled CEO, Michael Eisner, announced last week that he would leave in 2006, when his contract expires.
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Posted By: Ray @ 9:34 AM | 
