Eisner to Step Down as Disney Chief in 2006

[davidw]

Michael D. Eisner, the embattled chief executive officer of the Walt Disney Co., told the board of directors Thursday that he plans to step down in two years.

"I plan to retire from my role as Chief Executive Officer of the Company upon the conclusion of the term of my employment agreement on September 30, 2006," Mr. Eisner said in a letter to board members. "Until then I shall continue to exert every effort to help the company achieve our goals, to assist the Board in selecting the new Chief Executive Officer, and to make the transition expeditious, efficient, and smooth and easy."

More (http://www.nytimes.com/2004/09/10/business/10CND-EISN.html)

[a Bill]

So does this mean he's going to just coast until then? I mean, if he's quitting anyway then what's the point? What are you going to do, fire him if he messes up? :D

Fire me? Ha! I've already resigned!

[Cowboybooter]

It's a Mickey Mouse Organisation anyways...............:D

BTW to access the rest of the story you need to log in or already be a member of NYT website!

:)

Bob