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ROY DISNEY LEAVES DISNEY COMPANY

#1 User is offline   BDANtheman29 

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Posted 30 November 2003 - 09:36 PM

From TalkDisney.com and Anim8edCox...

Roy Disney Leaves Disney Company!
Walt Disney Co. Vice Chairman Roy E. Disney submitted his resignation from the company board on Sunday and called for Disney Chairman and Chief Executive Michael Eisner to step down from his own positions.

Mr. Disney, nephew to the late Walt Disney, sent Mr. Eisner a tough three-page letter severely criticizing his leadership during the past seven years. "It is my sincere belief that it is you who
should be leaving and not me," Mr. Disney wrote. "Accordingly, I once again call for your resignation or retirement."

In his letter, Mr. Disney said that Mr. Eisner deserved credit for a successful first decade after
taking the helm at Disney in 1984. But he then detailed seven areas in which he said Mr. Eisner
has failed the company in the past seven years. The list of complaints included everything from the performance of the struggling ABC broadcast networks and Disney theme parks to Mr. Eisner's reputation for "micro-management of everyone around you."

The resignation comes in advance of a Disney board meeting this week. Mr. Disney's letter seems to indicate that the Disney board's nominating committee had decided to leave his name off the slate of directors to be elected for the coming year. Mr. Disney also indicated that he would also resign from his position as chairman of Disney feature animation.

A Disney spokeswoman initially declined to comment.
=====================================
Sunday November 30, 2003
Wall Street Journal
Bruce Orwell

:joker: Brendan :joker:
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#2 User is offline   QuickGold 

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Posted 01 December 2003 - 03:20 PM

Thanks for posting Brendan, but Jim beat ya to the punch: http://mgmstudios.or...topic.php?t=677
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#3 User is offline   BDANtheman29 

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Posted 01 December 2003 - 08:49 PM

Sorry about that!

:joker: Brendan :joker:
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#4 User is offline   QuickGold 

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Posted 01 December 2003 - 09:27 PM

We've all done it in the past....no worries :D
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