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December 24, 2004
Roy Disney Opposes Plan for Heir on Board
After waging an often bitter campaign for change at The Walt Disney Co., former board member Roy E. Disney urged shareholders this week to reject a proposal asking the company to forever reserve one seat on the board for a Disney heir. The shareholder proposal, which would name a Disney family member as an outside, independent director, was made by Frank Wierenga, a Pennsylvania shareholder. It will appear in the company's proxy statement and be voted on at next year's annual shareholder's meeting.
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Posted By: Ray @ 6:20 PM | 
