Goofyposter
03-11-2004, 03:25 PM
Well.....we can all feel better now........:rolleyes:
Reuters
Disney's Mitchell says board to oversee strategy
Thursday March 11, 2:21 pm ET
WASHINGTON, March 11 (Reuters) -
Newly elected Walt Disney Co. (NYSE:DIS - News) Chairman George Mitchell said on Thursday that the embattled company board would help develop strategy and continue planning for a successor to Chief Executive Michael Eisner.
"We will continue a formal review of succession, covering all high executive positions, including that of chief executive officer," Mitchell told lawyers during a luncheon speech about a week after the board named him chairman. The board has said it supports Eisner but wants to be ready when he retires.
Substantial numbers of shareholders at the annual meeting had opposed Eisner's and Mitchell's reelection to the board, leading directors to strip the chairmanship from Eisner and give it to Mitchell, in an attempt to improve oversight of management.
--->your equity dollars hard at work ?
Reuters
Disney's Mitchell says board to oversee strategy
Thursday March 11, 2:21 pm ET
WASHINGTON, March 11 (Reuters) -
Newly elected Walt Disney Co. (NYSE:DIS - News) Chairman George Mitchell said on Thursday that the embattled company board would help develop strategy and continue planning for a successor to Chief Executive Michael Eisner.
"We will continue a formal review of succession, covering all high executive positions, including that of chief executive officer," Mitchell told lawyers during a luncheon speech about a week after the board named him chairman. The board has said it supports Eisner but wants to be ready when he retires.
Substantial numbers of shareholders at the annual meeting had opposed Eisner's and Mitchell's reelection to the board, leading directors to strip the chairmanship from Eisner and give it to Mitchell, in an attempt to improve oversight of management.
--->your equity dollars hard at work ?