disney_parrothead
Earning My Ears
- Joined
- Dec 28, 2003
- Messages
- 17
PHILADELPHIA -- Walt Disney Co. insiders said late Tuesday that Michael Eisner may step down as chairman of the board but remain as the company's chief executive.
The board's anticipated move to split the two jobs -- an abrupt reversal of position -- comes as Eisner faces a bitterly contested shareholder vote today on his re-election to the board. Although running unopposed, he could be wounded if a substantial percentage of shareholders withhold votes from him.
Sources close to the board said former U.S. Sen. George Mitchell, now the board's presiding director, would be the leading candidate to replace Eisner as chairman.
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This info from the Orlando Sentinel. What do you think? Would this be an improvement? Any better than making no change or just same old same old?
The board's anticipated move to split the two jobs -- an abrupt reversal of position -- comes as Eisner faces a bitterly contested shareholder vote today on his re-election to the board. Although running unopposed, he could be wounded if a substantial percentage of shareholders withhold votes from him.
Sources close to the board said former U.S. Sen. George Mitchell, now the board's presiding director, would be the leading candidate to replace Eisner as chairman.
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This info from the Orlando Sentinel. What do you think? Would this be an improvement? Any better than making no change or just same old same old?
