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!
July 08, 2005
Disney Company and Roy Disney Agree to a Truce
The Walt Disney Company and two ex-directors who have waged a bitter two-year fight have agreed to a truce, including dropping a contentious shareholder lawsuit challenging the selection of the company's new chief executive officer. The company said Friday it has named former director Roy E. Disney as a director emeritus and a consultant. In exchange, Roy Disney and ex-board member Stanley Gold have agreed not to run a challenge slate of directors or submit shareholder resolutions for the next five years. The two also pledged to back the leadership of Robert Iger, who succeeds longtime chief executive Michael Eisner in September. In a brief statement Friday, the company reaffirmed its commitment to rotate members of the board's committees as currently required by the company's corporate governance guidelines.
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 @ 6:26 PM | 
