Why doesn't ME just leave on his own?

[lenshanem]

I just don't understand. If he knows how many want him to leave why doesn't he just resign on his own? Why continue to go through all the negative press? He's odl enough now to retire, has a pretty penny. I just don't understand! Is his ego so big? Is that what this is all about? It wodul seem more diginfied to leave on hsi own than be forced out. Or at least fianlly admit to a plan for soemoen else to atek over his position...
Anyoen?

 

[mitros]

It's his ego and his greed.

 

[crusader]

My guess is he'll ride this one to the meeting but will announce a retirement plan/exit strategy which could keep him in power for quite some time.

He may trump the timing with it to dispell the noise and turn the tables on Roy who is beginning to look like he's running a save Roy campaign rather than a save Disney campaign.

 

[miko]

I just don't understand. If he knows how many want him to leave why doesn't he just resign on his own?

Players in this league don't leave on their own. They might resign if insurmountable evidence is put forward that they have broken the law or when they have health reasons. Most of the top execs aren't in the game primarily for $, they are in for ego, power and to keep someone else out. $ are important when they show up in rankings of highest paid execs. They usually have enough $ to live quite well, so most of their motivation is power and recognition.
When it appears they will be "forced out" they might resign to save face but that usually comes as a sever cost to the stakeholders in the business (employees and stockholders).

 

[llrain]

money..trying to collect another paycheck and another bonus and layooff some more and close this and close that , etc

 

[FantasticDisFamily]

Ego and power - those that go willingly (and I don't count health issues as willingly) do so when they are able to go out on a TREMENDOUS success. ME wouldn't walk away willingly at this point - he hasn't just won the Super Bowl so to speak.

Deb

 

[DukeStreetKing]

It is my understanding that ME's contract is up for renewal in 2006. Most of the people in the know believe that he will retire at that point.

With that being said, some people have never been happy with ME, no matter how well WDW was performing. I have noticed a decline in the cleanliness of the parks and the not so magical attitude of some of the CM's, but who's to say this wouldn't have happened no matter who was at the helm. The 90's were not nice to alot of corporations, some of which just folded up and blew away. ME's contributions during Disney's turbulent times in the 80's directly effected how the company survived the 90's. Granted, Disney has been around for quite some time before that and will continue to be around far into the future.

Eventually, ME will retire, whether it's sooner or later is anyone's guess. Just remember, the person that replaces ME might just be worse.

 

[sgtdisney]

Three letters.....

E G O

 

[airlarry!]

Michael Eisner has not retired, and probably should not at this time. The company has enjoyed an unprecedented amount of growth, and he has personally overseen the production of blockbuster hits like "Pirates of the Caribbean" and "Finding Nemo." Through his creative efforts, the company has brought expansion to the parks, including the highly acclaimed new land, called California Adventureland, to the original park, Disneyland. Losing Pixar was not so bad a blow as it seems, as Mr. Eisner was able to quickly replace the cult figures that Pixar has created with the more successful Hensen studio creatures, but after the recent loss of Pixar, to lose another steward of creativity and originality such as Mr. Eisner could be devastating to the future of Disney.

Shareholder value has increased immensely throughout the 'Disney Decade', and much of that can be directly credited to his own input in the direction of the company. Things like The Disney Institute and Go.com have added literally tens of dollars to the company's coffers, and we should not forget that by eliminating unneeded park hours, attractions, maintenance, and shareholder ambassadors (formerly known as cast members), the company has seen its stock price in recent days to heights not seen since 1996.

I cannot for the life of me understand why some people call for his head. If we give Mr. Eisner enough time, enough money, and if the company could only jettison more of the deadweight like Pixar, Imagineers, the Florida studio, and the traditionally animated artist teams, perhaps Disney could return to the glory days of 2003.

 

[bretsyboo]

shouldn't you have signed that CAR1BOO?

 

[lucky_bunni]

Originally posted by airlarry!
Michael Eisner has not retired, and probably should not at this time. The company has enjoyed an unprecedented amount of growth, and he has personally overseen the production of blockbuster hits like "Pirates of the Caribbean" and "Finding Nemo." Through his creative efforts, the company has brought expansion to the parks, including the highly acclaimed new land, called California Adventureland, to the original park, Disneyland. Losing Pixar was not so bad a blow as it seems, as Mr. Eisner was able to quickly replace the cult figures that Pixar has created with the more successful Hensen studio creatures, but after the recent loss of Pixar, to lose another steward of creativity and originality such as Mr. Eisner could be devastating to the future of Disney.

Shareholder value has increased immensely throughout the 'Disney Decade', and much of that can be directly credited to his own input in the direction of the company. Things like The Disney Institute and Go.com have added literally tens of dollars to the company's coffers, and we should not forget that by eliminating unneeded park hours, attractions, maintenance, and shareholder ambassadors (formerly known as cast members), the company has seen its stock price in recent days to heights not seen since 1996.

I cannot for the life of me understand why some people call for his head. If we give Mr. Eisner enough time, enough money, and if the company could only jettison more of the deadweight like Pixar, Imagineers, the Florida studio, and the traditionally animated artist teams, perhaps Disney could return to the glory days of 2003.

Please forgive me, I had to read this twice to really understand. How dumb of me! Thanks for the laugh!

 

[WDSearcher]

Originally posted by mitros
It's his ego and his greed.

I get the ego part, but I honestly don't see how greed plays into it. You know his contract has to have one amazing golden parachute clause, not to mention all the stock he's already got. If it was about the money, he stands to actually have more in the short run if he left today. And it's not like he couldn't get another gig somewhere else -- even if all he did was produce films. Everyone keeps trying to play the greed card, but I don't think that's it. I think it's ego and power. Power is a tough thing to give away.

 

[FantasticDisFamily]

Airlarry -

I was doing one of those great big HUH???? Where is this guy coming from and then I read your post again.

The second time through I got the laugh. Guess I should do what I'm always telling my students to do - READ CAREFULLY!

Deb

 

[Mr D]

I too almost blew off Airlarry's post as another Eisner supporter and the I reread it.....

Gotta be careful, some posters here actually have a brain....

Eisner constantly reminds me of Bill and Hilary and their 8 year stay at 1600 Pennsylvania Ave or "Redneck/Hillbilly East" and even after they were finally pried out they still managed to trash paintings, the phone system and cause a massive cleaning crew to come in for the next prez.

I'm not worried NOW about Eisner, his moves are more predictable when his back is against the wall, he is basically a reactionary person, all major Disney projects were started AFTER somebody made the first move. Mikey on his own rarely makes the first move, I would refer to him as a Defensive Reactionist personality, he is a Pisces after all and normally they are not known as strong leaders unless they have strong Aries moon or ascending in their chart. He may have some of those attributes but because he only makes moves when prodded all we can hope is there is a lot of people out there with a stick behind his derrierre, like trying to make a turtle run faster I suppose.

 

[WDSearcher]

Originally posted by Mr D
Eisner constantly reminds me of Bill and Hilary and their 8 year stay at 1600 Pennsylvania Ave or "Redneck/Hillbilly East" and even after they were finally pried out they still managed to trash paintings, the phone system and cause a massive cleaning crew to come in for the next prez.

Just a quick FYI ... virtually every president's administration in recent history -- both Republican and Democrat -- leave the West Wing a mess. And particularly so if it's the opposite party taking over. It's a well-known part of "political hazing." It's not something unique to the Clinton White House.

 

[raidermatt]

My guess is he'll ride this one to the meeting but will announce a retirement plan/exit strategy which could keep him in power for quite some time.

A definite possibility.

Any thoughts on the reaction if Iger is named as the eventual successor?

 

[crusader]

Funny you should bring up Iger.

I think that's exactly who will be named in the interim. We won't see a new player for a few years unless of course Roy gets what he's after.

As far as the reaction is concerned it depends on what the shareholders are thinking. The first question would be: Who is Roy proposing as an alternative? He'd be forced to show his hand because a "trust me" vote is way too uncertain given his inability to demonstrate he really has the capability of making the right decisions on who should be running this company.

In that case, Iger wins.

 

[King Triton]

The irony is it was Roy Disney who got him the job and now Michael Eisner fires him. Michael's ego is out of control. If he truly loved Disney he would step aside and do what's best for the company. Roy understands this...we all need to support him. Disney is getting away from Walt's vision and magic making due to Michael Eisner. I hate to see Disney go down hill all because of Michael's ego.

Michael Eisner staying on board is bad news for everyone. He must GO!

www.savedisney.com

 

[Goofyposter]

Michael's ego is out of control. If he truly loved Disney he would step aside and do what's best for the company. Roy understands this...we all need to support him. Disney is getting away from Walt's vision and magic making due to Michael Eisner. I hate to see Disney go down hill all because of Michael's ego.

Thank You King Triton!.....I couldn't have said it better!