Eisner Has Much to Say to Successor

MasterShake

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Eisner Has Much to Say to Successor

LA Times - Michael and Bob, back together again.

In Thursday's installment of the CNBC talk show "Conversations With Michael Eisner," shot at Spago restaurant in Beverly Hills, the former Walt Disney Co. chief executive welcomed the man who replaced him last year as the leader of the Burbank entertainment giant: Bob Iger.

"Its kind of odd for me to interview my successor," Eisner, 64, said right off the bat. Then, he proceeded to do much of the talking — and a little chiding. First, Eisner made it clear that he thought the jury was still out on whether Iger's biggest move since taking the job — the acquisition of Pixar Animation Studios for $7.4 billion — would prove financially sound.

"Everybody thinks I had a strained relationship with Steve Jobs…. Quite the opposite," Eisner said of Pixar's former chief. "My issue with Steve Jobs was only about money."

The implication was clear: Maybe Iger spent too much. "It probably will work out," Eisner added. "There are occasions when you spend a lot of money and the quality starts to evaporate that it doesn't work out. So it is a big bet."

The 55-year-old Iger, who moments earlier had indicated that he believed Pixar would help reinvigorate Disney's animation division, didn't flinch.

With folded hands and tight smiles, the two men talked briefly of Iger's determination to bring Disney into the digital age. Then Eisner got personal, asking about the difficult period at the end of 2004 and beginning of 2005, when Iger was waiting for Disney's board to decide whether to give him the top job.

Speculating that "the process … must have been for you a nightmare," Eisner told Iger that "it was clear you were going to get it in the end, at least to me, but … you had to sit there and watch the board interview in front of you all these candidates who weren't as qualified as you were."

"You did something in a million years I couldn't do," Eisner continued. "You kept your cool. For a year! I would have told everybody off."

Iger still kept his cool, betraying not a hint of emotion.

"It was not clear to me what the outcome would be," he responded, adding that he considers patience a virtue. "But it worked out all right."

The conversation ended when Eisner took off what he said was his favorite Mickey Mouse tie and gave it to Iger, who was already wearing a striped blue cravat.

"I'm now really out of Disney," Eisner said. "That's it. My tie is gone. I still have my Mickey Mouse underwear, but that's not here."

"Boxers or briefs?" Iger asked, playing along.

"Both," Eisner said.
 
I missed this, did anyone catch this interview?
 
I saw the interview. Eisner interviewed Billy Crystal and Jimmy Kimmel as well. I stumbled upon it while channel surfing.

With Iger - it was an interesting exchange. Eisner did say that the company has never been in better shape. He also said the board should make Iger Chairman and CEO. I can't think of anything else off the top of my head - if I do, I'll be sure to post it.

It is amazing to see the contrast between the two men. I certainly didn't get that Iger was a "puppet" of Eisner at all. I saw Iger as a gentleman who thinks before he reacts, is calm and thoughtful, and without a lot of the drama that Eisner always seemed to present. Iger appears to be extremely knowledgable about technology, consumer demands and the company itself. I like him. A lot.

The whole Jobs exchange (wasn't really an exchange - it seemed to me that Eisner was just trying to explain why he wasn't able to do something that Iger was able to do quite quickly - Eisner did all the talking) reminded me of a little kid who was trying to explain why he didn't make the varsity team, all the while the kid who did make the team sat there like a gentleman and let the "whiner" be done with it.

It showed a lot of class on Iger's part. But, Eisner then moved forward from that and really praised Iger for what he's done so far.

The Billy Crystal interview was great. I didn't watch the Jimmy Kimmel interview. I don't think CNBC replays the show, but it might not hurt to email them and ask if it will be repeated.
 


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