Eisner Successor Due by Next June

Farrel, Mike
September 2004
Multichannel News;9/27/2004, Vol. 25 Issue 39, p27
This article reports that seeming to bow from pressure from shareholder groups, the Walt Disney Co.'s board of directors said last week it would seek to name a replacement for outgoing CEO Michael Hisner by next June. Prudential Equity Inc. media analyst Katherine Styponias said in a report the Disney board might name a new CEO before the June date, mainly because several big negotiations, with animation studio Pixar Co. and for National Football League TV rights, are expected to begin in the first half of 2005. The board said it would conduct a thorough search and would hire an executive search firm.


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