Eisner won't stay on Disney's board

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<font color=darkorchid>Camperteer<br> <font color=
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As reported in CNN Money:

"Veteran CEO plans to make a clean break when he steps down in 2006 -- Fortune interview.
September 20, 2004: 2:19 PM EDT



NEW YORK (CNN/Money) - Michael Eisner expects to make a clean break with Disney when he leaves his CEO post in two years -- neither staying on the board nor taking on the post of chairman, the veteran CEO says in a magazine interview.

Eisner, who has headed Disney (DIS: down $0.36 to $23.06, Research, Estimates) for two decades, said he won't ask to remain on the company's board of directors, according to an upcoming interview to be published in Fortune magazine.

"My assumption is that I would not continue on the board or as chairman. I have a full business life ahead of me," Eisner is quoted as saying, according to excerpts of the interview provided by Fortune."

I am rather surprised that he would come out and say this at this time.
 












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