Disney board director blasts Eisner

[manning]

I didn't she would go quietly. It looks like she is really mad.


http://www.orlandosentinal.com/busi...5,0,7683901.story?coll=orl-business-headlines

 

[dzneelvr]

This is too bad.
If the board and Eisner can't get along, Disney customers will be the loser in the long run.
It is unfortunate that all of this is now hitting the media.

This situation should serve as an agenda item at the March meeting as what NOT to do in the future. Both the board and Eisner must learn so that it isn't repeated.

Public bickering will never add value. It paints everyone with a negative brush.

 

[WDWHound]

It's too bad that an intelligent board member who was willing to stand up to Eisner was forced out. Its not too bad that the reasons became public. The only hope for Disney's future is to get rid of Eisner. Incidents like this one, which show how he really operates, are the best thing that can happen to Disney if it helps people see that it is time for Eisner to step down.

 

[Another Voice]

Ask people in Hollywood and you’re likely to hear this is typical behavior. The sad, sad, sad truth is the Idiot isn’t going anywhere soon. With some people, political skills rather than talent or business savvy can keep them in power.

 

[Mr D]

Saddam Eisner

 

[KidDurango]

I will keep this short, because I know that it will be written off by those that believe Eisner is the anti-christ and has specifically set out to destroy all of their dreams, and that those who have a grip on reality don't need someone to point out that every penny Eisner is accused of pinching has both heads and tails. But if you read the article it is interesting to note that the very thing that she herself list as one of Eisner's accusations, namely that Board business is being leaked to the press, is exactly what has happened in this case. I truly doubt that this memo was written with any other purpose than to be leaked to the press in an effort to exact some vengence for being dismissed. I will accept that Eisner may have been very interested in seeing his opposition out the door, but I also have to believe that the other board members who were ultimately responsible for recommending who stays and who goes have some integrity and therefore some basis other than "Mike dosen't like her" for recommending her removal.

 

[Another Voice]

Hmm...

Well, as a stockholder it's not board business - it's my business. Eisner, when it comes down to it, is an employee of the stockholders. I have a right to know what's going on; I have a right to have a say in that process. That he chooses to hide what's he doing from us is interesting, the fact that he lies about it is disgraceful.

The era of the superstar CEO is gone, crushed by the shattered pieces of Enron, Global Crossing and a hundred other gutted businesses that litter Wall Street.

Eisner time is long over.

 

[DVC-Landbaron]

Eisner time is long over.

Well, you know it. And I know it. When will he finally know it??

 

[Bstanley]

I certainly can't be accused of being a Big ME demonizer, but the facts are that for at least 7 years he has made a series of progessively poorer business/personnel decisions that have cost the company literally billions of dollars.

It doesn't matter whether the reason is because he wasn't competent from the start, or that the synergy that he had with FW died with him, or that he had his heart attack and developed a God complex.

At that level you get paid for making more good decisions than bad ones. He has had many bites at the apple and has come up empty. It is simply time for someone (him, the board, the stockholders) to recognize that and pick someone new.

It will be interesting to see how he leaves. If his departure causes more damage to Disney I guess I'll have to admit I should have been demonizing him all along...

 

[mitros]

Osama Ben Eisner

 

[manning]

If memories serves me right, he made much better decisions when Wells was alive. This should tell us something. Like the real brains was lost a long time ago in an unfortunate accident!!

 

[Another Voice]

Psst....

There's a saying that goes around the company. No one supposed to repeat it, so lean in close so the orcs don't hear...

The heart and soul of the company were lost in a helicoter, the brains left for Dreamworks. The arms and legs were cut off for cost savings.

All that's left is the a**.

 

[manning]

Oh, is that where the odor is coming from!

 

[dzneelvr]

OK--so who steps in to replace Eisner?

Who is the individual out there with the savy and the creativity to take Disney where it needs to go?

 

[Another Voice]

You know that test they do every year, the one where they take a monkey and let it throw darts at the financial pages of the newspaper? They then "invest" $1,000 in each of the stocks that the monkey hit. And always the monkey's random picks do much better then a panel of Wall Street experts.

I say we boot Eisner out of the office, tack all the company's business proposals on a dart board and run down to the L.A. Zoo to select the next CEO.

A monkey could not do any worse.

 

[Planogirl]

Originally posted by Another Voice
Psst....

There's a saying that goes around the company. No one supposed to repeat it, so lean in close so the orcs don't hear...

The heart and soul of the company were lost in a helicoter, the brains left for Dreamworks. The arms and legs were cut off for cost savings.

All that's left is the a**.

This is great! And it fits so well.

Oh my, how times have changed.

 

[Bstanley]

At the beginning of 2001 the president of the British professional organization for stock brokers announced a competition.

Each of the member brokers would get to pick a certain $ (Pounds really) value basket of stocks and at the end of the year the broker whose stocks had shown the most growth would win the prize.

As a joke the 10 year old daughter of the president also chose some stocks.

You guessed it, at the end of the year the best any of the professionals had done was to LOSE 6% of their money (2001 was a BAD year for stocks everywhere). The 10 year old's picks had MADE 4% profit.

 

[mitros]

Great !

 

[BRERALEX]

19.8 inches of #%^@#% snow later


AV you dont post enough. and when you do post alot....you still dont post enough

 

[Golter]

I agree with KidDurango, we have only hear the boardmembers side of the story. ME has a file that documents this persons inadequacies, the board member is just throwing around unfounded verbal assaults.

I have said this before and will say it again 2003 will be a prosperous year for the Disney Corp.